Sounds like you've got a solid game plan in place for tackling the considerable amount of knowledge everyone has to gain when they're starting out.

.- Someone who has an EXTENSIVE network of contacts (builders, contractors, legal) to get me in touch with (not a 1-deep list of overpriced buddies, people with solid references and track records).  

I always thought N MH would be a good rental market- solid neighborhoods with cookie cutter brick ranches.

We specialize in providing solid turnkey rental properties  to investors all over the world, who are looking for great returns.

Thank you for the warm welcome and solid information to start absorbing.  

These are tricky and heavily scrutinized for fraud/conflict-of-interest.If you intention is to truly occupy the property as your primary residence, and can provide a satisfactory evidence/story to convince the underwriter then most likely you should be OK.

If the properties are occupied then you'll have to honor the current lease and the odds of the leasee's converting to a SOLID LO are very slim. 

So if you've found a way to do this and still create a solid long-term plan for yourselves I'd love to hear more of your thoughts on the subject. 

However, the borrower must still have remaining VA eligibility for a VA loan.GIFTSA gift letter, source of funds and evidence of transfer of gift funds is required.

I have asked for these items to be fixed but seller could go with a good backup offer they say they have, which I don't doubt on the property.My down payment is $65k and it probably needs a solid $10k to start with.