@Ben Hudnall I think you've already concluded your margins would be really thin on this one and you're right.  

I'm going to conclude this post now before I bore you folks to sleep.

(in my example i guess. because i am a newb who has not yet down a deal, and i am imagining saving up a 10k down payment)Continuing, and concluding: I assume the idea is then to use the newly acquired 20k to put down as a new down payment on a more highly valued property to do the same thing - raise the property's value, then refinance that property to get a new mortage agreement - But I wonder: won't I just be incurring a greater and great amount of debt?

You compare 14.25% to what your non-veteran buddies get, conclude that 14.25% isn't a horrible interest rate, and accept the offer. 

So far the research in my area I have concluded that most properties seem to be very high.

So far the research in my area I have concluded that most properties seem to be very high.

----Here's the scoop----The seller wants the following:Price: $400,000Down Payment: $50,000Master Lease term for 3 years with an option to buy at $350,000 and the option to extend the master lease for 1 yearAfter doing our due diligence, we have concluded the following so far:Property needs about $30,000 of must-do repairs plus about $3,500 of basically necessary cosmetics for marketing purposes, so:Repairs:  $35,5000Vacancy: 6/10 units are vacant and one tenant has been served an eviction notice, so basically 7/10 units are vacant.

I'm sorry to have had such a delay in concluding this post.  

I would not be surprised if airbnb penalized hosts who are also on vrbo while vrbo promotes those who are also on airbnb.I have no proof of the above, and my experience is too small to conclude that way, but one thing is certain: they have all the data (through hosts calendars, behavior, guests demography, cookies, re-targeting ads, and more) to somehow fight their competition, if they decide to.Thoughts?

"Irwin,I've spent some time thinking about your proposed business model and, also, doing some research and, taking a conservative approach, have concluded that you would be selling real estate and therefore would be subject to real estate sales licensing laws.