Might be a little bit confused here, but from what it sounds like you were involved in purchasing the property, renovating it and then selling it?

Sounds like your hard work is going to pay off! 

Sounds like this is at a discount.

32k or even 42k on a half million dollar house doesn't sound all that good.What's your projected cash flow after all your expenses including a likely higher mortgage payment than the current owners?

It sounds like you have a bad pm if they are ignoring when you are trying to contact them. 

Either way, it sounds like significant renovation will be required.

This specific guest was a physician and sounded as though he had a fair amount of personal income that could be used to support his property.

Sounds like you're taking advantage of your favorable VA loan options smartly too.Good work - can't wait to hear about your next deal!

I can’t say I disagree with the analysis, just think (I’m sure this will sound incredibly stupid in the future) ultimately bonds and mortgages are likely to trade in a very narrow band the next few months, without a really nasty recession I find it hard to see them getting much below the 3.75% they hit Monday, I also think the Fed wants to keep the number below 4.25% because while I don’t think the economy is in a recession or anything it’s clear to me and I think the Fed as well l, that the economy probably can’t handle another year of rates above that, they will lower rates & possibly even taper qt to achieve that outcome.

On paper, it sounds like a good deal, but I worry that you are doing this all on a spreadsheet and not in real life.