Your agent should be able to connect you to a lender that would have experience with the VA process.Quick primer on VA loans.https://www.va.gov/housing-***...One of the things I did since my first purchase was to write down in a log all the mistakes I made with each  property.

Think of the worst case scenarios of what can go wrong and are you ready to handle that.See if you can buy time. 

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

I would be happy to have a call sometime to discuss your plans and see what I can do to help avoid some of the mistakes and also what to look for in this market as it is very competitive. 

It depends on the lender but at a min they must follow TX SML or lending laws in the state in order to compliantly lend in TX, on whether choose to apply this guideline to all types of occupancies or transaction types (non owner investment, second homes/primary residences, etc)80-85LTV on rental properties is only on the purchase for fannie/freddie loans but on rate term refinances its max 80% and cash out max 75% for 1 unit and up to 70% for 2-4 unit cash out conventional.On HELOC's and rentals are up to 70-75% depending on the HELOC investor or product.Its good to distinguish between what the lenders are willing to do and for which product and also these loan products must abide my state law as well as an additiona layer of "overlays," on top as well (whichever is worst / most conservative).

This can help with limiting the time your unit sits vacant.These situations can get tricky, but I always recommend staying level headed during your interactions with the tenant.The worst case scenario is the tenant ends up unhappy that you don't want them to break the lease early and/or they don't want to pay for an early lease break (hopefully defined in your lease agreement with them) and ends up damaging your property, costing more, prior to their actual move out date.

Then, if you believe he made a mistake, come back here for a second opinion.Just one comment: you cannot carry anything back.

Since I'm the sole member of the LLC is there anything I need to be concerned about or consequences if I make a mistake? 

You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.

One mistake could extend the tenant's stay for months without any income, not to mention the stress it could cause.