The issue with using a legal entity such as a LLC is you aren't eligible for conforming loans.Consult a professional, but why can't you take the personal loan, then capitalize/contribute the funds to the LLC?  

This is not to replace your own research - I've underwritten hundreds of STR deals using a spreadsheet.

So if you can achieve the same product at the same cost using a 12mm and cheap pad, this is better than a 7mm and expensive pad.

Ehhh, I wouldn't advise using a 401K loan to finance real estate.

If you made an offer and told them up front that you were going to be using a HML, I don't see why it should be a problem. 

I am planning to purchase rental properties by using a HELOC on my primary for the down payment.

Any thoughts or suggestions on using a VA to help pull some leads?

If they pay the rent using a credit card, they can do a chargeback to take the money back even months later.  

Just like When You bought the property using a check made to your purchase, controlling your rehab costs is just as important.

I believe I have enough to cover my rehab costs but I wanted to know all of my options.Also, is there something I should keep in mind when using a HML other than high interest costs and filing costs associated with obtaining the loan?