Buying my 2nd place. What should I be aware of?

[Brandon Espino]

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $270,000

6 bedroom, 2 bathroom ~2100 square foot home in eastern Colorado Springs. I'm going to be house hacking and renovating this place starting with putting in an additional bathroom.

What made you interested in investing in this type of deal?

What made me interested in this property was that it has 6 bedrooms. I figure that I could rent out each room for $600 (after I install an additional bathroom) and hold on to the property for a couple of years.

How did you finance this deal?

VA Loan