If you structure your VA loan strategically you can avoid the bulk of these VAFF's (VA funding fee's).- no title seasoning on cash out refinances unlike FHA which has 12 months of title seasoning after purchase before you can use market value value or conventional which requires 6 months after acquisition (this applies to CO refinances where you used financing initially to purchase not DFE or delayed financing exception which is an all cash purchase and there is no lien/deed recorded on the property at the time of close), This becomes very handy for  creative RE entrepreneur once you learn how to force equity through adding value to properties you can use VA's no title seasoning advantage to increase the speed at which you move from deal to deal quicker than Conv/FHA- no self sufficiency rule when owner occupying 3-4 unit properties which FHA has (a rule that makes buying 3-4 unit FHA properties in high cost areas nearly impossible) so this a huge plus- use of rental income or other peoples income (OPI) to help you qualify on your 2-4 unit VA purchase (FHA and Conv does allow this too)There's a lot more you can do to optimize your mortgage planning from an investors perspective.With the introduction of the 2018 Tax Cuts, you can structure your taxes strategically to not only greatly reduce the tax impact but also remain bankable to most money sources.

Would it be strategically smart to always bill back tenants?

Are you looking for financial and strategic guidance or transaction support?

The direction and angles at which it is laid can make spaces feel larger or smaller, so strategize before you lay it.10.

Co-op owners strategically use the board to discourage speculative or absentee choices of almost any kind.

My net profit on top of the original $200K investment is $62.5K.4) wait at least 2 years5) after 2 years following the cashout refi, sell property at around ARV, $350K(I am actually skipping/combining a part where I do a Delayed Finance loan to get 75% of my money back asap after the initial acquisition, then do the cashout refi based on ARV after 6 months of seasoning).My first question is, are the above steps sound, strategically speaking?

Hello Bigger pockets, I'm trying to strategize on how to save for a house and understand my options.

It does require some forethought and strategizing because every property isn't created equal.  

Check out my article for more information and benefits, it may be of use to help you think about some different strategic options:  https://www.biggerpockets.com/blog/pass-through-entities-real-estate-investors/If you have more questions please leave a reply or Dm me. 

If I understand you correctly, you are advising a sort of modified brrrr strategy - modified since these houses are owned already but strategically pulling out a conservative amount of debt.The houses are mostly C class but some border on B-.