@Wayne Brooks The way my attorney made me understand it is that the bank will not foreclose on the property because then they would be assuming the code violations (somewhere around $600k right now).

Also, i assume the property you’re going to buy prior to selling you’re other properties wouldn’t be from exchange proceeds... 

Hey @Robin A Jackson, A loan of 100% LTV at a 10% rate, a 6-18 month term, and I'm assuming no points at closing (you didn't mention any, perhaps double check this with the lender) is a great option.

You won't know until you try, if the offer is good enough I'd assume they would just save on the realtor fees and sell it.

As an investor you are allowed 10 for yourself - 10 for your spouse ( assuming they have W-2 income  separate from yours ) for a total of 20.

My Question....Assuming the building’s conditional rating remains the same. ( Example, purchase a C+ building and it remains a C+ building)  is it....Highly Likely,Likely, Unlikely or Highly Unlikely ....that the the next appraisal for the refinance will use the same cap rate?  

I would also assume the repair cost is low, especially considering roof. 

Cap rate is reflective of the risk of the asset, assuming it is in performing condition.

@Michael Pitsos I'm assuming your home is where you've put in your profile and according to the  VA Loan Limits for BARTOW COUNTY, GA for a one unit home (SFR) is $453,100 and $580,150 for a two-unit so depending on how much you bought your primary home for you'll need to subtract that from the max limit and the remainder should still be available to utilize.

@Bryan Caprioli I don't know the answer to that, but I assume that if I write a strong lease and sign it, it would hold good.