I plan on continuing to do deals in the future as well once I move and finish getting established in Hampton Roads.My question is, should I establish a new DBA for the rental property to cover me since it is only one house and the house is in mine and my wife's name still and won't be in the LLC's name?

Areas like Vegas (gambling), Florida (tourism), and Detroit (manufacturing) fared the worst in the last recession, and I predict will do the same in the next one.

This requires the establishment of a self-directed IRA, which is basically just an IRA with a different processing model that allows for investments beyond publicly traded stuff.The key is that it is the tax-sheltered retirement plan diversifying and investing in real estate. 

I realize it takes time to grow your network, establish your "brand" and learn the ropes of the profession.At the end of the day I'm trying to determine if I should explore the agent option, or just stick with investment properties. 

Borrower shall occupy, establish, and use the Property as Borrower’s principal residence within 60 days after the execution of this Security Instrument and shall continue to occupy the Property as Borrower’s principal residence for at least one year after the date.

I think your idea of working with institutional capital is good but when you have have established a solid track record or marry into the family.  

All of the above information changes what courts refer to as jurisdiction ....When it comes to suing a business in small claims court, you may sue any business that is organized (incorporated or established as an LLC) in your state.In addition, you may bring suit against any business–whether incorporated or not–if one of the following conditions is true: the business was responsible for injuring you or damaging your property in your state and you can find a way to serve your court papers on the business in your statethe business breaches a contract with you that was negotiated or was to be performed in your state and you can find a way to serve your court papers on the business in your statethe business has an office, warehouse, retail establishment, restaurant, or other physical facility here, even if that business is headquartered or organized elsewhere, orthe business does regular business in your state by selling products or services, employing a sales rep who calls on you personally or by phone to solicit business, sending you a catalog to solicit your business, or placing advertising in your state's media.The short story about suing out-of-state businesses.

You want to establish intent to rent if you're in a situation where somebody is offering to buy the property before you have it ready to rent and you're worried about making sure the sale is treated as capital gains rather than ordinary (flipping) income.  

An older responsible couple or even a well established younger couple with one or two children.

There's no statutory holding period that establishes that intent.