Also, I think it will be difficult to not have the buyers try to turn me into a custom home builder if they're securing the loan.

We understand that every property has unique needs, and we're committed to providing you with the customized management plan you deserve.

Prosper's explanation was that many providers deny claims for the particular items/incidents they call out.

Typically the bank will not provide funding because of the liability risk of the it not only on your site but if it made its way to other parcels.

In many areas some utilities are provided by a government entity and as such can become liens if unpaid.

Building Codes and Permits: Insights on navigating local building codes and securing permits for this type of conversion would be incredibly helpful.Potential Pitfalls: Are there any common issues or unforeseen challenges I should be aware of when undertaking a project like this?

Everybody" wants "licensed professionals" because it provides an "air of legitimacy." 

I secured a low mortgage interest rate during COVID, and hoping experts in this forum could recommend VA Loan business strategies as I would like to convert our permanent home into rental property and transition into another home.1. 

If the rental market is not favorable, you’ll likely see less investor activity and therefore less potential buyersAvailability of Data and ResourcesAccess to market data and networking resources can be a huge benefitConsider things like; access to county/court data, is it a non disclosure state, etcCommunity and Economic Trends Understanding local trends/issues can provide crucial insight into your target marketYou can operate virtually, but it’s still important to develop expertise in your target market*** Good market selection is not a guarantee of success.

What you are referring to is a  DSCR loan which the lending companies do provide, they do require decent down payment and it must have good cash flow.