If you simply talking about conventional, Fannie Mae style - max is 10 per guideline.  

I would say one of your best bets is to go directly to all the VA lenders in your area and discuss with them what your plans are.

I'm also willing to bet almost anything that most of the people in these areas don't interview 3 agents like your "supposed to".

And bonus question, if I use a HML to fund a project, how long do I have to wait under FNMA guidelines before I can utilize their cash out refinance program against the ARV?  

In fact, with those landlord lenses, the beautiful single families often turn to frogs with one kiss of the cash flow analyzer..Bets of luck ( and west lake looks tough in the playoffs)

The wife and I created our first rent agreement, based on the rental law/guidelines, we did not hire a property management team.  

Good for you for stepping out in faith and betting on yourself!

Joyce,Yes, June 1976 is Oldest based on guide lines but some banks/lender will not even go that old! 

There is tons of growth in DFW and if you look outside of it within an hour drive, I bet you may have a little more chance of success.

All in I bet it costs $25,000 to fix and then I’ll have $75,000 in equity and $700 cash flow.