If you do not pay them they will exercise their right to foreclosure.

You will need to supply 2-3 quotes from different General Contractor's or licensed builder for all work.Some things that can occur are builder/vendor issues with lack of inventory, broken material, employee "no shows", date of completed work extensions, bad work, additional costs not factored on blue prints or cost analysis, delayed permits.Keep in mind any delays or issues will slow down your clear to close/funding date.

VA is great for the 100% financing which covers 2-4 units as well and those can be rented in addition to rooms in a primary.Just make sure you shop around for quotes (without letting multiple lenders pull credit). 

However, I'm seeing SO MANY properties that are zoned as Single Family, yet they have 2 units - either a MIL suite or just an addition that's been built. 

This rarely ever happens but provides additional barriers.

The AIO is our only debt on the property and is in our personal name (not an LLC) as a requirement of the loan.We are looking to do an extensive addition/remodel on our personal home, and given current rates, we are considering using the AIO loan to help pay for it. 

To your other points..PMs typically either do the evictions and appear in court or hire an attorney to do the evictions and you incur additional fees.When you go in to change the filters please take more time as the most important thing you're looking for are leaks in your plumbing system.

Financing: I have about $1.3M to deploy right now and will have additional ~$700K (sale of primary home) to deploy in 3 years (total $2M). 

And keep in mind this is in addition to your normal tax liability.

I have a house with about 70-90k of equity that I’m looking to refinance out of the property. I’m currently living here with a roommate and have a 3.3% interest rate loan on 300k and still owe about 280k. My monthly p...