Using a VA loan for a second property, where I’d move in and rent out my current home.When I made an offer on a fixer-upper (I didn’t win that bid), the loan officer mentioned it might be difficult to convince the underwriter why I’d need another VA loan for a second property in the same area, especially since the new home is almost identical to my current one (same size, age, school district, etc.).

It sounds like a poor business decision but its very difficult to get cash flow in A class assets.

I have a couple questions about how to handle this situation.Is it wise to rent to someone on disability seeing how it would probably be very difficult to evict and get your past rent if the tenant defaults.If I do not want pets in the home and the tenant has a service animal how do I handle that situation, or any animal for that matter service animal or not. 

In between we have the life’s, careers, wealth, satisfaction of real people, and their contribution to the enhancement of society. 

At this stage in my investing career I don't buy things that don't cash flow, so if the fixer upper is going to bleed cash until it's fixed, I wouldn't invest in it. 

It may be possible to find something on the MLS to BRRRR but it's much more difficult. 

Today’s high interest rates mean that deals in 2024 are unable to shoulder as much debt as an equivalent deal three or four years ago.It’s also a bit difficult to say whether quadruplexes or turnkey single-families sport higher yields, since operating costs—and thus NOI available to service debt—is so deal-dependent.

so new investors looking to cash flow = as difficult as everexperienced investors looking to build wealth via equity = still possible Good point!  

I agree with Michael, that area is super saturated and would be difficult to find success. 

I really don’t want the seller to just walk away because the U&O is too difficult (I also went through this process about a month ago with another home.)Should I call offer some advice/contractors number to hire to get it fixed up, go get a lawyer involved, or do I have other options?