New to Fort Bragg, NC and looking to break-in to REI.

[Oliver A.]

Hello, I just PCSed to Fort Bragg a few months ago. I also happen to be ready to take the leap. I don't have any REI experience, but have began to research and educate myself through all the BP and Youtube.com resources. My goal in the next six to eight months is to purchase a rental that I will happen to occupy for +/- 16 months. I will use the VA loan. How do I start? Do I get a home that has already been updated? Do I get an older home in need of pain and other cosmetic detail? Does the ROI cash in cash out formula apply to zero down VA loans? My overall goal is to build a portfolio of rentals in the next 4-6 years.