Another reason we insist on vacant possession.

Agreed, the owner likely just Thinks he needs to do this....no mtg, legal or tax savings reason for doing it.

One of my main reasons for investing in the North side of town is because I want to make a difference and improve the communities in which I grew up.

Is there any reason why mortgage company doesnt want to refinance it ?

Where his connections in the market have other agents bring him deals where for some reason their clients don't want to list on the MLS.

All bedrooms must be a reasonable distance from a bathroom!

This should give you a reasonable range.

While this is not a prohibition on getting a new loan it will make it more difficult if the second loan is FHA, and the reason his advice it so spot on is the transaction will go so much better if you start with FHA and do VA second.  

There are some compelling reasons to use a Solo 401(k) . . . .if your investment style fits the template.

For now, get paid and learn as much as you can.There are a lot of coaching programs out there.