Now, if you have used your entitlement to obtain a VA loan and it is a small amount, I believe you can obtain another loan if you have sufficient entitlements remianing and the original loan was assumed.

Buyer paid his "fees" COGO charges, so I guess that was sufficient for COGO. 

First thing to consider is if the income from the portfolio and other sources is sufficient to meet your parent's expected needs.

Where they may consider borrower’s financial state they are most considered with (1) property value, (2) liquidity of property if needed to sell quickly and (3) ability of property to generate sufficient cash flow to pay note payments.  

I expect a property lease agreement between each child series and the operating/management company (also as a child series) is just as sufficient as two separate LLCs making the same property lease agreement.My only goal is asset protection so I need to know if this approach will immediately "pierce the veil."

I am in NC and LLCs for partnerships in my state are necessary and sufficient.

I suspect in most places 30 days would be sufficient, but some places may require more notice than that. 3.

Your primary insurance policy with $300,000 in liability coverage should be sufficient in 99.999% of all lawsuits.5.

His bills and the proof of payment should be sufficient for most lenders.

**Professional Help**: Is it advisable to consult with an attorney or accountant when setting up an LLC, or are the online services sufficient?