In the future, we aim to get into fixer-uppers, development, etc., but for now, we like to only consider semi-stabilized (with minimal deferred maintenance) or fully stabilized, cash-flowing properties. 

It really comes down to running the numbers and seeing which option offers the best balance of costs, monthly payment, and future flexibility.In short, a DSCR loan might work, but it may not be the cheapest or most suitable option if a second-position loan or HELOC can accomplish the same equity pull with fewer costs or better long-term benefits.

This will go a long way in creating a network and future sellers and buyers will start to see you as a resource in this arena.  

Thanks for sharing, the POA to access the original docs is a great idea, and I'm totally stealing it for the future. 

You don't need the LLC but you may want it in the future as your net worth grows.

(unless in the future we decide to move them into a Multi-member LLC then we will file as a partnership?)

This is going to do two things to help you in the future to free up your VA entitlement so you can buy another home 100%. 

You're doing a great thing for your financial future.

Even with trump's aggressive plans for mass deportation and border security, I also have to think long term about future presidents' agendas towards border control too, and anticipate potential presidents being more loose on border security.

Once could purchase the land (and potentially other land/real estate in the future).