They suggest relying on the inspection contingency instead.Is this a common practice right now, or is it specific to my area?

. - this leads to management inefficiencies and waste- you have to rely on other people's judgment- you have an overhead cost burden for doing things remoteIt is tough enough to organize a carpet & paint rehab remote (ask anyone who did it the first time), let alone a full-scale BRRRRR.

Just make sure you don't rely strictly on the numbers, because they don't always tell the whole story.

Real estate investors rely on cap rates to analyze deals and compare potential returns before making a purchase.🔍 Understanding Cap Rate:- On the surface, the cap rate is one of the best ways to determine whether a deal is worth pursuing.

But you'll need to rely heavily on your accountant's guidance so that you do not take out too much taxable gain.  

For those who relied on buy, cash flow, this isn't a Motel 6 model any longer.

The information contained in this post is not to be relied upon.

Possibly not but you are relying on appreciation to do well on this investment.  

Take steps to confirm the source independently before proceeding further.My best piece of advice would be to contact your lender instead of relying on callbacks from letters or unknown numbers, contact your current mortgage lender or a trusted VA-approved lender directly.

In my opinion that strategy is best for long distance investing where you need to rely on others to find the properties and handle the day to day.