You should run your analysis assuming property management -- one, you might have to use a PM down the road if your circumstances change and two, you're essentially paying yourself to run the property.

This is as long as you can prove to the VA why your moving (they usually only allow you to buy another property if it's a larger house, or the change can be justified; i.e. family circumstance change, etc).

I had to rent the townhome out before the year requirement, but I would consider this extenuating circumstances (I have two sets of police reports).

This money will be transferred over to my mortgage bank on the 15th of every month.I have contingencies for collecting rent person to person if they'll late or other extenuating circumstances.

Everybody has different circumstances 

Correspondingly, all business income taken from an LLC under similar circumstances is subject to self-employment taxes.

@Dustin Miller The exceptions for prorating are related to [unexpected] circumstances that force you to move (e.g. change in employment, unforeseen medical issues, etc).

It has almost always been stated that if the original purpose was truly as a 2nd home but due to circumstances the purpose gets changed things are generally OK.

One clause that you definitely want to include, in the Promissory Note, is in the event of the Seller's Death or other life altering circumstances, the individual or entity that assumes the Promissory Note cannot call the Promissory Note due and must abide, by the terms and conditions specified in the Promissory Note.

Many owners give instructions as to how they want to review offers, which often means you won't hear a response for 2-3 days in most circumstances, longer if the owner is travelling or overwhelmed with the process.