Simplicity rules the day, the idea is to have it pro buyer, legally iron clad, escape options, and non threatening simple language that can be done at the kitchen table, notarized at the bank, and make for a cheap as ez as possible closing/ filing.

He got cold feet earlier, so we had some issues to iron out.

As far as doing consecutive 6 month LO's, per the statutes that would still mean the applicable parts of Title 2 apply.The purpose behind the 180 clause was for temporary leases that are used from time to time with traditional purchases.

For legal purposes if I get sued for something outside of my LLC, would they be able to come after my LLC since I own it?

While real estate is just one facet of this life goal and purpose I do realize that through this avenue I am able to connect with people, form relationships and possibly help others along in their goals and dreams. 

The assumption for this purpose is they could be filled.I have seen suggestions you value it at half what you would value a filled lot, 30%, and nothing.

So take that $1600 off your income, but leave the expenses, and you get what, $4800 a month in income you can actually use for this purpose?  

If I were in your position, I would try as hard as I could to try to get two loans under the VA terms.For what it's worth, you will have a much easier time financing a duplex that you owner-occupy rather than one purchased for investment purposes. 

One of the purposes of him and his partner building that hotel was to provide extended stay for individuals in your fathers situation. 

@Melissa W had great points...also find someone who's familiar with the codes in your area...example - do they allow cast iron pipes to connect to PVC or other little things we may not think of at first but can cost $$$...I think its safe to say most of us (myself included) underestimate rehab or prep costs at first so def have someone go through with you...Talk to a local bank, they may give better rates (one we use allows 15% down) than larger banks for investing...also find out how its all set-up (residential, commercial) and how it may affect loan...My brother manages a very similar place with apartment/storefront...he turned basement space into storage units if looking for extra sources of income...