If you have a "business relationship" with the seller of the property (your LLC), it would be considered a non arms length transaction, or identity of interest in FHA terms, and you'd be limited to 85% LTV.  

There are so many fringe benefits that go along with owning and operating your own business, you can't leverage/sell a umbrella policy; additionally, and imho, the explicit intent of the insurance company is to not payout; so, if they discover malicious negligence then the policy is void anyway.If you run your business, LLC or otherwise, correctly you will not have anything to worry about and will have flow through deductions, access to twice as much capital etc... 

Short sales must be arm's length transactions.  

A lender, however, is suggesting that a 7yr arm for a 30 loan would be far more valuable.

Always something new comes up that is not explicitly covered in the legal document.

Balance, payment, type (fixed-ARM, FHA - conv)), lender?

Hi @Khai Brown, Welcome to BP, and well the first thing i would get into doing would be to learn all that you can, dive into the education tab above^ and find your desired path, your goals, your interests and build your knowledge on that, now you will not know everything but arming yourself with knowledge is a good start, build a plan write things down, sort of like a road map to get where you want to be, nurse your credit if you can. 

You are entering a potential landlord tenant war zone in Ontario so arm yourself in advance.

I could pony up and purchase something here in the Nashville area that has a higher likelihood of appreciating over time, but will cost me two arms and a leg.  

Arms Length transaction.