The strategy you are implementing we like the call the "Holy Grail" of house hacking haha; purchasing a small-multifamily to house hack with a VA are powerful tools, and done correctly can really help kick start and build a great porfolio.

Brokered a client this 5br 2ba house in Portage Park neighborhood of Chicago but the cheaper less nice side of town for $350,000. He put about $40k in rehab and ended up renting monthly for $1500 master and $1000 each...

Cash Flow: Older Property: Yes, an older home might need costly repairs down the road, such as roofing, plumbing, or electrical upgrades.

Plumbing roofing electrical hvac water heater everything is new so Im not expecting nothing major for at least 5 years.

Lately I have been running into some road blocks while doing multipe flips at a time due to capital and man power.

Each unit has its own electric panel, gas meter, furnace, water meter.

Quote from @Warren Powers: @Justin Brin I do have a trusted, competent successful arbitrage operator for my out of state rental and it has been great for several years.

Don't underestimate the power of posting regularly on social media.

Being a very handy person and an engineer, I feel confident that I will catch all issues.For example, I just noticed that I have a couple of loose electrical outlets.

The plan was to complete flooring, electrical upgrades, new kitchen and bathroom, exterior fascia work, and some new windows, with a target listing date of June 15th.Update (5/12/24):The property has been stabilized since June 1st of the previous year with great tenants in place.