I'm ballparking using a similar home on the market right now that has been renovated.

I can get that in many other legitimate ways that will take much less time, money and hassle.We found that using a regular Corporation rather than an LLC gave us the best coverage for the dollar, ie; health insurance deductions, payroll, etc--check with your CPA.Remember that every legal entity you create will require time/money for accounting and tax prep, filing fees, etc.Best of luck!

I'll be using a 5 or 10 year fixed with 20% down.

Offer #1 the buyer is using a VA loan and Offer #2 is conventional.  

Based on the research that I have done, I would like to start investing in single family or small multi family homes using a buy and hold strategy.

I've got to keep up with the latest in the regurgitated guru lyrics, they're always packaging the same strategies as groundbreaking by using a different term for it...

I thought of this too and decided to put 30% down on a $150k condo using a conventional loan first.

I understand when using a VA loan you have to live in the home for a year.

Have you considered using a CRM like Podio to track your leads easier?

I am using a similar wood-look but sheet vinyl in C class units and the tenants love it.