Lender 5: 7.25 paying 2 Points so pretty standard on this one...This has been great and you guys can see how I work...

@Anthony Standard i'm looking for the same.  

Buy some cheap (by San Diego standards) agriculture land and either wait, rezone, or develop.

In some cases, you may also have to get your "hands dirty" in order to make these properties look nice or up to your standards.

That's pretty standard.

Thanks Robin, the low 9% interest rate on the loan I assumed was because it's is a no-ratio DSCR loan, which carries a higher rate than standard DSCR loans with a 1.25 ratio.

It's important to know if the standard in your area is for the landlord or tenant to pay specific utilities.

@Verna Littleton @Wendy Thurst we rep for NREIG and can share that they will not be able to insure the building if it is owner occupied.If you are living in the property as your primary home, you would get a standard Homeowners policy. 

Samantha Reeves,Thank you again for your replyHopefully if I run into this " Problem " with the property requiring $3,000 in repairs completed in order for it t pas the VA Loan standards , my Lender will o an Escrow  Holdback .But either way ( if I understand it correctly ) ...... whether I use an Escrow Hold Back or not, I will have to ay for the repairs out of my Own pocket, UNLESS the seller will pay for them ?

As far as condos, they'll be either warrantable (meaning they conformm to conventional standards) or non-warrantable.