Hi, we have a second home in Oregon that we only utilize every other weekend. 

Has anyone utilized this strategy for a longer term and have any feedback? 

Primary house purchased cash $965000Spent $75,000 updating/remodelingOther holding expenses to date: $12,600 (annual taxes and utilities for two years)Home now appraised at $1,325,000.00 We are considering selling our primary house, finding another primary that we can live and flip again over two years.

And don't even get me started on utilities.

Are they separately metered for utilities, or can you bill back to residents?

Hi Chase,I'd recommend leveraging your experience with a lender and utilizing seller financing options.

You should utilize resources like BiggerPockets, build a team, and use online platforms to find potential properties.

You can then find a multi unit that at least has one vacant unit so you can utilize your VA loan.

I do not have a sheet but I typically budget $150 for lawn, $150 for pool if applicable, $100 for cable, $100 for water, $300 a month for electric (depending on property size and your local utility costs), $50 for pest control, and another $200 per month in misc. 

Not sure if you have a direct question, but reading the questions between the lines on when a property is actually considered to be in service.Facts and circumstances.Generally for a rental property it is "in service" when it is "ready and available for rent" - meaning you are marketing it for rent, and a tenant could utilize a property that day.