Next month's speak, a local service provider will be talking about bad things in houses, after that were back to a national person with a Saturday workshop on private lending.The National Speaker Model... there are three.Podcast Model . .this is where national trainers and serve providers are out there on every national podcast system they can find and a few live events talking about the best way to do something out there, and it seems the only way to do this something is to buy their service.

You haven't included a property manager's fee (likely 10-12%) into this analysis, which implies you're planning on managing the property yourself. 

I always fall back to the literal meaning of the words and not the implied intent because what seems like a gray area to a regular person will be black-and-white to a lawyer. 

I then asked him if he would represent me(which I ignorantly though I implied when I contacted him) .

I will then refuse rent for February 1st which will prevents me from nullifying the notice to vacate by “implied tenancy” If I were to accept February rent .

I realize that "minimal work" implies I can't force too much appreciation so I realize the emphasis really needs to be on finding a good deal -- hence why I'm interested in short sales.I was unsure if FHA financing could be used on short sale properties so thanks for that information. 

That's not a good sign; it implies locals view this neighborhood as less attractive relative to other nearby areas. 

As the title implies, I'm a veteran with the option to use the VA Home Loan, but I don't yet have any capital to invest in a deal. 

I don't save rent up to a certain point for capex or maintenance, as your question implies.

Once you understand that you will have greater clarity and purpose.A few other things1) Having $50m of assets doesn't imply success since they could be underwater and negatively cashflowing.