With a $5,950,000 asking price and only a 5.05% cap rate, after just calculating the value, the property is over priced by over $2 million!!!

Do the calculation again.

Yes you can as long as your father will live in the home as his primary residence and you put enough down to cover your portion of the loan that VA will not guarantee.Here are the VA guidelines for calculating the down payment.VA calculates the guaranty as described in the table below.Step Action1 Divide the total loan amount by the number of borrowers.2 Multiply the result by the number of veteran-borrowers who will beusing entitlement on the loan.There is usually only one veteran borrower, in which case the resultof this Step is the same as the result of Step 1.3 Calculate the maximum potential guaranty on the portion of the loanarrived at in Step 2 (as if that portion was the total loan).Use the maximum guaranty table in section 4 of chapter 3 of thishandbook.4 VA will guarantee the lesser of:• the maximum potential guaranty amount arrived at in Step 3, or• the combined available entitlement of all veteran-borrowers.5 VA makes a charge to the veteran-borrower’s available entitlementin the amount of the guaranty.If more than one veteran is involved, VA divides the entitlementcharge equally between them if possible.

Did any of them tell you what they're calculating for your DTI currently?

@Jordan Fujan In my calculations to buy a property once I’ve gone to the initial viewing I typically put between 5-7% for CapEx depending on the condition of the property and how much work we plan on doing to it upon purchase.

IT'S CALLED NEGOTIATING 3)  FOLLOW MY EXAMPLE VERBATIM AND YOU WILL PROBABLY NOT EVEN LOOK AT A FSBO AGAINEXAMPLE:  YOU FIND A PROPERTY THAT CANNOT BE FINANCED BY FHA, NEEDS WORK, US VACANT AND IS BEING SOLD "AS IS" AS WELL AS PRICE IS PER SQFT IS LESS THAN THE MEDIAN PRICE YOU FOUND.IN THIS EXAMPLE YOU FOUND A PROPERTY FOR $100,000  YOU RUN IT THROUGH A QUICK AND DIRTY COMP SEARCH (IF YOU DON'T HAVE MLS- USE BIGGER POCKETS  CALCULATOR FOR ARV (IT'S PRETTY ACCURATE AND NOT TOO FAR OFF) - JUST DON'T USE ZILLOW OR TRULIA OR EVEN REDFINS- USE BIGGER POCKETS ARV CALC AND/OR THIS SITE THAT ALSO HAS A FREE ARV CALCULATOR CALL REIKIT--- I NOTICED THAT EITHER TWO SITES HAVE ARV VERY SIMILAR AND NOT TOO FAR OFF FROM THE MLS--- WAY MORE REALISTIC THAN ZILLOW, TRULIA ETC INFLATED ARV'S!!!! 

Can I transfer the information of a property from the Brrrr calculator to the rental calculator? 

Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.

For the MTR option I calculated a rent price of $2,900 (on the lower side) and got a ROI of 12% but a negative CoC return.

It includes things like a supply calculator (editable). furniture estimator, mortgage calculator, cash on cash return, return on investment numbers, bill calculator, and much more.