Additionally, it's hard to convince someone to trust you on the purchase of their biggest investment/asset when you yourself don't own real estate. 

However, rural areas tend to have less multifamily properties (depending how rural) so that can give you an issue with finding comps for your purchase.

Is it difficult if I purchase a property in my name and then I want to transfer the mortgage over to the LLC will my mortgage company allow that?

We just purchased a property in the area and are having a hard time finding a cleaner.

Best thing you can do to maximize your entitlement is to choose a 2-4 unit so you can have a higher county loan limit and you can use 75% of the other door as income to afford a higher purchase price.

Why do you think purchase contracts are so long and have such small print?

Why do you think purchase contracts are so long and have such small print?

FHA 203K and FNMA Homestyle are two loan products that allow you to borrow to purchase the property and will give you an amount to fund the rehab. 

Ann and now I'm thinking of purchasing a rental. 

If you haven't yet, purchased the primary residence, I highly recommend going with the house hack route.