If you use your VA eligibility right now, then when you get to your next duty station and want to buy a nice home, you'll be what's called a 'MULTI user" and then over 3 points in VA Funding Fee will be stacked on your next VA loan.Here's what I'd do...or the subject property, since you have 10% down, do a FANNIE MAE  1st mortgage 80/10/10 = 90% Cltv)  purchase programEX:  180,000 purchase$144k  80% ltv - 1st mtg on a low rate Fannie Mae loan$18k    10% ltv - 2nd mtg (simo purchase money 2nd mtg) eliminates the PMIgives option to waive escrows you divide and conquer, meaning you can knock out the 2nd mtg. and drop total payment leaving just 1st mtg. paymentAlso, in lieu of a discount off sales price, simply negotiate seller credit to pay your closing costs (note: up to 6% of sales price seller concessions allowed)   

You could probably push back and get that knocked down a couple hundred bucks (but I wouldn't expect it to go down to 6k)

If the goal is to save the princess, would you set off on your journey wearing flip flops and a t-shirt and plié straight through to the dragons lair and knock on the door or would you let Princess Kashmir sleep a little longer while you saved up for some armour and a sword?

So go knock on their doors.

A good friend of mine knocks on doors in neighborhoods he wants to buy in. 8 out of 10 homeowners invite him in.

I joined the school of hard knocks education in rentals and built a great team as I traveled for work in 2009. 

Consider it tuition for the school of hard knocks. 

This is a prime target for door knocking, cold calling, letters, etc. 

Having to put down 20% knocks a large portion of Boston buyers out of the game.

If they haven't - I would assume the K-1 to not show much taxable income if at all(since depreciation should knock most of it out).