Everett,My advice would be refinance your VA loan into a conventional loan take out some cash if possible and turn around and use your VA loan again. 

Each are mortgaged 30 year conventional with 20-25% down. 

I have only evaluated using conventional loan numbers. 

I will finance this purchase through an FHA loan where I will put down 3.5% and then in one to two years post-investment refinance into a conventional loan.I hope to work and network with all of you!

I will finance this purchase through an FHA loan where I will put down 3.5% and then in one to two years post-investment refinance into a conventional loan.But as I began to take action, I ran into two distinct problems:1.

What does it look like when you already have ten conventional mortgages and you have to start doing portfolio loans?

If you have 20% to put down you may want to run the numbers on a conventional loan vs. an FHA loan and see which is better for your situation.

This is all New to me… my other rental properties were turn key and purchased with a conventional loan with 25% down

Also open to lenders who lend in LLC’s for STRI’m aware of the 10% second home loan (which falls under the conventional loan); and apart from the 20% down withe the uber income, what are my optio s

Costs are not relevant to a residential appraisal for a conventional lender.