Roof is approx 15 yo. 4 water heaters been replaced in past 5 years. current brings in $5200 month.

Can you finish 1 unit and get it rented to bring in some cash-flow?

Biggest pati le is getting approved from VA and bringing property up to regulation.

I have not chosen a builder yet, but you bring up a great option to consider.

If one resident relapses or brings drugs into the house, the residents resolve the situation themselves, usually by requiring the offending resident to leave for 2 weeks before reapplying for residency.

Are you allowed to use let’s say 230K of the deduction in the year it was realized to bring taxable income from W-2 down to 70k and carry forward the 70k to the following year.

My background as a prior military member has instilled in me a sense of discipline, strategic planning, and a keen understanding of risk management.While I’m aware that financial contributions are often key in partnerships, I’m curious about what other skills and perspectives I can bring.

Once you have three done, and you continue to bring good deals, and your credit stays where it is, and you've exited all three previuos deals no problem, then now you can get 85%/90% LTC.Rates? 

Then I would shoot for areas that appreciate the most, because when leveraging the 5% down.. appreciation will bring you the most profits. 

You should pay based on what they are bringing in and look to increasing the rent.