Strong lease agreement, and strict rules should make my life easier as Landlord. 

Or am I strictly limited to the $517,500 VA loan 1-unit limit, no matter how many units are in the property?

Costs are going up for landlords and investors, but they want to dramatically cap rents on the backs of hard working investors like BPers.Several state lawmakers want to give city and statewide expansion of strict rent controls-- almost socialist. 

if im strictly the money guy.  

I know some areas are very strict about this so I will say I am in the Dallas/Fort Worth, Texas metroplex which to my knowledge doesn't have any requirements for timeliness of renewal notifications (just 30 days if you are terminating the lease). 

If they are strictly relying on the buyers info they have no idea what they are leaving on the table.

Are you looking strictly for an investment property?

In this case, he already had a NJ LLC and was contemplating creating a Michigan LLC strictly to do business in Michigan.He could use the NJ LLC to do business in Michigan, if he applies for and is granted an authority to do business in Michigan with what would be the foreign NJ LLC.If he were to use a foreign NJ LLC in Michigan, and if he were to be sued, his entire assets in the foreign NJ LLC would be exposed not just the assets acquired by the NJ LLC while in Michigan.If he used a Michigan LLC instead, to do business in Michigan, and if he were to be sued or incurred a liability while doing business in Michigan, any assets in the NJ LLC is not exposed to the Michigan lawsuit only whatever assets the Michigan LLC owns.This should be the case unless you have strange transactions going on such as mingling the assets of the different LLCs, sharing bank accounts etc...either personally or between the LLCs.

You could purchase real estate with it, invest in alternative assets, you could lend money to others (subject to strict rules and regulations), etc.With $22k sitting in a Traditional IRA, my first question to you would be what does your financial picture look like?

What are the risks / potential liabilities if we operated an LLC for rental properties but used a checking account strictly for business purposes in our personal names?