Or do the lenders require that I establish primary residence first, before getting an fha or a fannie mae loan for a primary? 

We bought in C-Bus because of the affordable housing market compared to ATX.

Rates tend to be higher than cash out rates (due to the lender being in second position).Cash Out Refinance: Replaces existing mortgage and gives you cash at closing.

All my investment is in stocks and like you I have begun to not compare which is better, but as 'diversification'. 

Most of the lenders I work with don't even issue LOIs as they are meaningless. 

You must of had less than 20% down when you initially purchased the home, if you had the 20%, the lender would have steered you to a conventional mortgage.

There is more inventory for value-add compared to some of the other cities.

Appraisers are using comparable sales that are dated, sometimes over a year old.

The one major difference is that when you close under the LLC and you use a non-recourse lender or one that doesn't report the debt to your name, everything is separate from your credit. i.e., - the mortgage will not be reported under your own credit, but live within in the entities EIN.

I'm not a lender!