I feel like I know this area well, and I have a few great local resources such as contractors, etc.What I am looking for is advice on obtaining a home UNDER market value.  

Having a licence solely for the purpose of obtaining access to the MLS is not necessary anymore.

I hope they aren't considering EM as consideration.And while I am not an attorney I am not sure how a C&D can prevent someone from applying for and obtaining a license/certification, I would think that there would be an issue with the presumption of guilt without having been formally investigated, charged and found in violation or guilty.

My other option since I have my brokers license would be to work for myself out of my home using online resources and future contacts to obtain exclusive listings and reach out to potential clients.

The cool thing is, financing is easy to obtain as an owner -occupant and you can do this 2-3 times, as long as you really are living in the home for the first year.To get you started I'd highly recommend the book: Investing in Real Estate by Gary Eldred.

If you keep I first loan at 80% LTV or less, and add a second loan of 20% or less, I can still obtain 100% financing without paying PMI.

I am looking to get started in Real Estate investing and was trying to obtain an LLC but I don't know which state to apply for one.

Using 28% toward a mortgage, although a lender will go up to 45%, that $2,500 a month makes a $400k mortgage obtainable. 

With this in mind, what success have you had in obtaining 1-3 years of operating statements BEFORE moving forward with placing a property under contract?  

In addition to the basic restoration criteria outlined above, a veteran may obtain restoration of the entitlement used on a prior VA loan under any of the following circumstances: the prior VA loan has been paid in full and the veteran has made application for a refinance loan to be secured by the same property which secured the prior VA loan.