Hey Derek, not sure if I'm qualified enough to answer this, as it sounds like you are trying to commercially lease to a bigger box assisted living facility/company, but you could consider:- Leaving the residential as residential, subdividing, and building to suit residential assisted living homes.

Then start the painful process of trying to notifying, move/store and auction off the abandoned property.I've thoroughly researched the SB1079 laws and qualify as a prospective owner/occupant since we honestly plan to use the home as our primary residence.I guess my primary question is, is there anything I seem to be missing and need to look into?

Just not be qualified.

One fun fact to consider is that your first use of the VA loan does not come with the lending cap so if you did want to try and get a 4 unit on that first purchase you may be able to shoot a bit higher if you can qualify for the loan, which in VB may be your only avenue to multifamily without going toward the Norfolk area.

I've never done this when applying for a new card BUT I've found this department to be generally helpful and you may be able to say - Hey Amex, I qualify for this offer for a new card with Discover, I'm a loyal Amex card holder, is there any kind of retention offer you can make me that would come close to this Discover offer.

It depends on what your debt-to-income ratio is and what you can qualify for.

Also the rental income of the units will allow you all to qualify for a higher loan amount.Best,Jamael RomansUnited Mortgage Corp LenderWoodbury NY

This can be a viable option for those who might not qualify for traditional financing methods.

There's always a shortage of deals in the market, specially now.Good news is that once you gain some traction, you'll be able to buy better lists, a power dialer and even hire a VA to help you find qualified seller leads (I run a call center for Real Estate).

I don't have exact floor plans, so I'm not sure if it would qualify for the 51% apartment sq. ft. necessary for a mixed use dscr loan.