That means your purchase price, Rehab costs, holding and closing costs should be no more than $69,650

If we were to get sued, I'm sure a lawyer would follow the paper and destroy the 'corporate veil.' 

Does that mean that if I wanted to mortgage only the $100,000, the lender would still require me to put down 20%? 

With the logic that I'm using (opening LLCs in other states) this would also mean that I would/should have a RE license in those other states as well, but time and accurate information gather will decide that.  

I understand their reasoning, and by no means am i against the idea of a better living standards for the people in that area, but some of their new requests of maintaining the lawn 24/7 and no trash on the premise can be a bit taxing to enforce with the particular grade of tenants i have in that area.

What that means is you basically ethically bribe the tenant to accept a few thousand bucks from you in exchange to get out in 30/60 days instead of riding out the lease.You'll have to do the cost benefit analysis though: are the rents so low that waiting 6 months isn't the better option?

Cement... have only found one contractor in the area willing to give me an estimate so far.  

Cash on cash returnPopulation growthCrime rateConnections to area - meaning who is going to help you manage, find deals, maintenance and how often/easy you need to/plan to visit. 

And also concerned about the property being owned in by LLC (I'm the sole member). 2) I could "make it my primary residence" temporarily but that would mean changing all my info to receive mail at this location.

@Chris Stephens I'm sorry I am a bit of a beginner but can you explain what you mean in this equation, I've read about it before in separate posts about wholesaling but never understood it because wouldn't you need to renovate the house which is considered flipping not wholesaling?