Anyways, the plan is to continue to accumulate properties around this range until I have enough equity that I can 1031 exchange into larger properties with more units to supercharge the process (or I have to do this because I hit my mortgage number limit). 

An additional advantage is that you have a higher total purchase price limit on that FHA loan for a 2-4 unit property than you would a single family home.

So the same out of pocket expenses to you....but here the loan is VERY different:Purchase Price = $100k75% ARV = $150kSo the LOWER in this scenario is $100k....that's what you would be limited to in the first 6 months in this scenario.  

@Joseph Hummel agreed, got that sense too but it was tough to gauge since there was limited communication, the appraisal was done couple months ago, hopefully they won't want another one, my original application actually expired and they gave me a better rate, if I need a new rate it's gonna be higher hoping that won't be the case!

Also, if the Note is called in, just refinance...Again, you might want to refi anyway since the limited liability only applies to what is under the LLC's name. 

I find the limitations are usually the user, not the available technology. 

I have put in offers that have fallen apart, etc...but as of now I have limited experience, especially one what I am thinking would be an extensive rehab.Now back to the house and situation itself.

Looks like $3k is the limit 

A lot of times, the permitting is limited to usage and monthly's use more than the daily's so you want to make sure you're allowed to take on the park in the capacity you're looking to achieve.I hope that helps.

Since it is your primary residence, perhaps they bank will give you 90% LTV (make you keep 10% of equity in the house), thus if your house appraises at $800k, you could get a loan for $720k and when you payoff the old loan, you keep the difference in cash.Once the cash is in you account, there is no time limit to spend it.