The same owner occupied rules apply as John stated in his reply.

There are more risks involved with this but you can get it done.

Some Ie s/judgments have to be renewed every ten years, not sure if that applies to irs liens.

I would recommend you be present with the inspector to get a feel for the places and determine how much you personally wish to be involved with them.

With being active duty , could I still apply for VA loans with having an LLC?

There are some properties with 10 bedrooms that really cash flow, but there are downsides and risks involved with having so many bedrooms in a single family dwelling.I am actually working with a client right now to find him 2 properties by McMaster.

Estimate the costs involved. 

Does this apply to Freddie Mac as well?

The 50A breaker on 8ga wire is surprising, and from my experience incorrect. 8ga wire should be protected by no more than a 40A breaker (unless dealing with certain loads like motors... but that doesn’t apply).

Hello-Thank you everyone for making this site such a valuable and informative resource.I'm involved with a performing note that is currently paying 12% interest.