However, with FHA there is no requirement.Would it be feasible to attain let's say a 4plex with FHA and then refi to VA after 2 yrs?

Make sure you follow local codes as far as Resale CO.Have a good lawyerHe can say "as is" till he is blue in the face.If he is taking a mortgage the house will be inspected

I could turn it into say a nice 1-BR with garage or smaller 2-BR apt. 

., say a husband is an agent and a wife is a wholesaler or vice versa.

Fundamentally I would say as long as you cut down debt and build assets, that's good enough.

That is where i may have missed the boat entirely ha ha.I understood that if you need say a 20% down payment for bank financing on a $500k home.... that would be $100k. 

Would it be in my interest to use it to buy, say, a $200,000 property in cash, and then immediately refinance?   

I say a portion because in the first example you were buying part of the MHP as investment and part as primary residence. 

if what the sheriff saya matches the statute you should be good to change the locks. 

title insurance is like any other insurance you only need it when you acutally need it.I have a access claim going now 3 years probably 50k minimum title company has spent ..just the cost of doing business.Only time i would consider not buying it is say a tax sale or other very cheapo type properties that i had no intention of borrowing against or reselling.. buy and hold forever and then dispose of when done.