My husbands va loan has been a powerful for your investing.

Too large to be a normal convention loan, but not big enough to be tasty for an investor that wants some size.

Can you provide references?

The LLC is irrelevant unless you are paying cash or getting a DSCR loan.

Even at $110k I think you are pushing it as if you were to get a loan for $150k say your holding costs for that loan and closing costs could be $20k+, then you have selling costs of say 8% which is another $16k.

Don't discuss the mold with him because he obviously didn't provide evidence or the opportunity to remedy the situation. 

Additionally any pros/cons for using FHA loan would also be much appreciated, thanks!

@Anade Davis Agency: either FNMA, FHLMC, FHA, or VA.Look for land contracts, where seller provides financing.

My belief is that you will be challenged to realize a 10% savings loan n your first effort and there is some chance it will cost more than if you used a GC.  

Just as a comparison for using greater Cincinnati credit union they have at top tier credit score 6-7% on 7-12 year fixed rate loans, 9.5 on variable loans and 5.25-6% on 10-30 year loans.