Beyond that I never carry a balance on anything, and limit my CC usage to just 2 - one personal, one business - and pay them off in full each month. 

Houses that sustained fire events have long term consequences including structural damage and mold that results from water intrusion required to extinguish the fire.

Your recourse here is to A) talk with the bank and see if an agreement can be reached, B) refi out of the current loan into a new loan for investment property usage, or C) sue the lender and see what happens.

With the lower price point rentals, you basically just tread water.

@Don Owens My 9-5 job revolves around Indiana water regulation and well installation.

Still, if you’ve got someone on the ground who truly knows how to navigate these waters, it’s like being handed a map with all the back roads highlighted.

First off, the water is probably coming from your unit.

Down side, your 2nd usage of a VA mortgage will run you 3.3% on the VA Funding fee (but it is financed into the loan), unless you get any disability from VA. 

And my rentals there are cash flowing nice, but it's taking some time to getting it occupied, and I also found out that I need to make sure that the tenant is paying for the water, because the water bills are really high over there.I will keep you all posted along my journey, and I hope I could help you friends.

****I am not a financial advisor or guru, I was just a dumb civil engineer who learned that you cannot push on a rope and dirt and water  = mud.