After I posted this.

I don't think I will be able to make this one but will definitely attend the one in March.

You also need the operating cash to do rehab.I say this because you mention FHA and low money.

The best option is securing financing that allows the LLC to buy the new property, as commercial or portfolio lenders may accommodate this.

this is helpful.

Another neat little piece of VA loans is that they can allow for higher DTI ratios than conforming/fha loans because they primarily rely on residual income and not directly on DTI (it's complicated, but this will do for now).

Focus on running a clean operation rather than perfect technical compliance.Pro Tip: Your biggest risk isn't the IRS - it's partners who might complain to the IRS.

Same as the flooring .Now you could try to negotiate , but lets put you in the sellers place . 

I say try selling it, and at the same time get someone else in there.  

This is where everyone started.Residential investing is very forgiving by nature, you have to try hard to really screw it up.