It's called something else that I can't recall at the moment, but they'll know and be able to guide you in the right direction.Since there is a large amount of equity in the rental home, just be sure that your new HOI policy has good coverage and possibly think about an Umbrella Policy or additional insurance coverage to "protect you" vs. trying to reinvent the wheel and forming an LLC just for the one property.SD

In fact, only around 13% of U.S. veterans have taken advantage of the VA Home Loan, which is surprising given its incredible perks—like the ability to buy multifamily properties, no down payment, competitive interest rates, and lower insurance rates compared to FHA loans.

You can use it for any business you can imagine, as long as you understand the accounting principals associated with that business and how it all works together.In QuickBooks, you can set up projects for each flip and keep track of them on the balance sheet - where they belong - up until the moment of sale.If you don't have a lot of accounting knowledge and are relying on QuickBooks to be intuitive, then you are going to be VERY disappointed. 

With rentals, building equity in a great location is incredibly important.

I'm trying to save any dollar I can at the moment until things pick up.

There were moments when I had to decide whether to go for higher-end finishes or stick to more cost-effective options.

Thanks, Evan, this is incredibly helpful and exactly what I was looking for.

I'm just in the research and preparation phase at the moment.

You express a lot of the sentiments I have as well.Yes, it is an incredible deal.

This is incredibly important work and in order to create the most impactful and transformational program possible, I am looking to interview people who fit this description and learn more about their challenges, frustrations, dreams and goals.