The property is worth more than the loan but only by small amount and I am suspecting that there are other liens on the property as well but in second/third position.

I could not confirm or deny if the home had aluminum wiring- it's 1960 construction date falls a bit before the typical mid 60's-late 70s dates for aluminum, so I suspect it does not but you can never be too careful.

Along with the usual suspects like Memphis, Cinci, etc. 

So, I'm wondering about the guy that thinks he owns it now, I don't think he filed the 2009 document in Mar 2023, I think he might have a chance to get his money back, but it may take a lawsuit.The money from the original sale went for drugs, what was left went to the grandson, but I even question how he got the money if it was in a bank, because the 55+ drug addict would not have trusted his son drug addict to put his name on the account, so I suspect some trickery,  (forgery) there also.If you wonder why I care, I really don't, I'm just sleuthing.

However, an underwriter may suspect abuse that another purchase in this situation may not satisfy the mission of the VA loan if there is not a reasonable explanation of why you intend to occupy the neighbor's house.What does this mean? 

Selling a property and went under contract in early July scheduled to close in two weeks.So far all contingencies have been met and suddenly the buyer wants to sign an addendum for a name change from "John Doe" to "whatever LLC".Since the buyer is seeking financing from a conventional lender, and I think most residential lenders do not lend to LLCs, I am thinking the name change will cause the loan to be denied, and my attorney suspects this may be a way for the buyer to seek to exit without any penalty.It seems unusual to do a name change like that in the last minute, any thoughts on the best way to navigate this

I do suspect though that based on what you have said that this is only a month to month tenant with a verbal agreement and that the offer of a 5 year lease at a reduced rate was never executed into a lease.

I suspect this will come down to more than just the math for most but I was curious if anyone has had experience with this personally or know someone that has.  

Since you aren't eligible to receive a housing allowance and it sounds like you're income may not be enough, I suspect the loan officers you're working with may not be counting 75% of the potential rental income in their calculations.  

Your answer was simple and your expertise validated everything I suspected (make your money after you pay off the loan).