I believe due to the residency requirements, that MFR would not apply for VA loans.

Do you pay it with escrow or just directly to lease owner? 

I'd be carrying a mortgage payment of about $800/mo (which I could afford if I happened to not have any tenants at a given time.Any thoughts or directions that you all could point me in to make sure I'm up to speed on what questions I should be asking during the showing and what kind of costs I might be looking to incur that I should be watching out for.Thanks BP members!

I have lots of great tips, but figure I should direct them to an investor friendly local agent.

I have a good network of professionals so if I cant solve your problem, I am sure I can point you in a direction to help!

Should I apply for the loan first and then search for the property?

Hi,Our wholesale company is looking for an investor friendly broker to form a partnership with.More or less you'll be listing the investment homes on MLS - We grab off market properties and bring directly to you for listing.I realize there are several companies who provide exactly this service.

It appears that when I foreclose I may need to apply for a discharge of lien with the IRS.

I know this doesn't necessarily answer your question but I hope it provides a guide in the right direction for you.

I personally don't like online sales but that's the direction they are headed.