I've been blessed to have networked with a lot of nurses, management, and recruiters with my position.

I don’t know why we didn’t get that vital piece of info in our initial meeting.So my wife and I are extremely relieved .She says she will stay on as a courtesy and if things come up it will just be an “ hourly “ rate for emergency type situations or basic boots on the ground necessities.We really like her enthusiasm and positivity and she is great at communicating and seems  sincerely empathetic to our situation.

But then on the positive side you've got the amortization of that loan, the tax benefit of depreciation and whatever appreciation there is.

Account Closed  absolulty I would in no way advocate second position or gap funding in any way.. for those that do not have extensive real estate and construction experience.

With Westmoreland County's reasonable property prices, you're well-positioned to start building your portfolio.Good luck! 

But, for lending $10,000 for a few days they pay $15,000 back after the 2nd gator lender provides longer term lending in 2nd position to complete the transaction with “no money out of the student’s pocket”.

It also sets a positive tone and builds trust with new tenants, showing them that their living environment is taken seriously and maintained with care.

This initial negative position can consume years of the small real cash flow (when using realistic expenses).   

It sounds like you’re in a solid position with your skills, VA loan access, and local handyman expertise.

If you can get a 30-year loan on it and still make positive income, as well as appreciation along the way, it will leave you with more for reserves and more for other investments.