This is a more typical deal for the current market, and what yours could have looked like if you had someone who knows what they are doing representing you. 

-----------------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?

I just want to get into a deal so i can immediately utilize this experience.

We've utilized the VA loan for our current home, and this strategy has worked well so far.

I had a project last year that a sub hit a conduit that was marked out and the utility made a claim many months later.

Depends on the actual deal I have seen 85/15 rarely 90/10 but keep in mind your primary home will have a second lien on it typically if your LTV is over 75%. 

As noted above, up to 50% of gross rental income normally gets eaten up by expenses (taxes, management fees, utilities, landscaping, repairs, capex, etc).

That's three months of mortgage and utilities, the cost of flooring, and the cost of painting.

Planning to sell my property in vegas, just wanted a second opinion on if these are typical, fair costs in today's market.

Purchase price: $302,500 Cash invested: $5,000 Utilized VA Loan for a House Hack for my first Rental Property.