@Jon Klaus  I have thought of that, but I do want to get a few properties while taking advantage of the lower owner occupier rates. 

If I do form an LLC,is there any advantage to using the name of the LLC as the registered agent (option A) versus using my legal name (option b)?

Why not take advantage of being an OO buyer and try to get a good deal on a HUD or FNMA property?

Some borrowers use FHA strategically and may put a large down payment for its other advantages such as 56.99% DTI backend, 2 year CH7BK, no time seasoning for shortsale in the past if borrower had no lates, qualify with foreclosure in 3 years or less, etc

The idea there is to level the playing field and afford protections to borrowers who may not be wise to ways that less than honest lenders may take advantage of the borrower.After a loan is purchased, RESPA requires a notice to the borrower for any transfer of servicing and a certain amount of time for the grace period to the borrower to adhere to the change.  

It might offer a good rate with tax advantages.

For whatever reasons it seems that in my area the homes in the good areas with good comps hit the auction and I'd like to be able to take advantage of that. 1) A good deal of the properties that I find have either like 7-8 pictures or just an outside shot.2)I don't think that the the EMD will be a problem just good to know I can use my HML.3)Do you work with the seller in order to arrange that or just "make sure they locked up"?

The only advantage to capturing it in an excel sheet is that I can access it offline.

And lastly I highly recommend becoming a Plus or Pro member of the site and take advantage of all that BP has to offer you.

Having a full time job can be an advantage because banks love to see that when loaning you money.