You'll likely find it easy to find people who will tell you what you want to hear, but you really need hard facts not speculation.But for some speculation, if you're talking about the Nantahala River or Little Tennessee, sure I think you might be able to do $22K/yr, but not much more, unless perhaps the places are uniquely styled. 

I am in discussions to seller finance a townhome-style quadplex.

Great area with strong rent demand How did you find this deal and how did you negotiate it?

The goal of the first 3 deals will be to target 1-4unit styled homes, requiring minor-rehab.

Start small, build a strong network, and conduct thorough market research to align with your investment strategy.

Success depends on finding properties in less restrictive areas with strong year-round demand and aligning your strategy with local rules.This post does not create a CPA-Client relationship.

Choose a HELOC if the property is appreciating and cash flow remains strong, or a 1031 if you want to diversify or upgrade assets.This post does not create a CPA-Client relationship.

So I'm strongly considering adding a handful of these to my buy & hold portfolio.I understand that there's no "risk-free" method to acquiring these properties subto, but have any of you had success over the long-term acquiring properties with VA loans attached?

Focus on building a strong team, using BP tools to analyze markets, and researching local laws.

As Milwaukee is my home market I have a strong interest in investing here.