Additional costs will creep in and costs seem to go up faster than rents, so I would sell and try to otherwise optimize the VA loan. 

Also there is an additional tax on the returns due to the financing. 

Am I getting greedy to ask for an additional seller credit at closing to help offset some of repairs needed?

Additionally, another neighbor who owns an adjacent parcel has expressed interest in joining the project, contributing their land to the development as well.I believe this could be a great opportunity for all of us, especially as a unique retirement plan for my family and my neighbors.

Additionally, confirm the transfer won’t lead to property reassessment, which could increase taxes.

So, if you put in 20K, you could set the bid up to the amount of the 100K total debt(80K existing + 20K additional) to ensure that the property reverts to you as the lender.

In addition to that, the septic tank is undersized for the size of the home.

Do not be afraid to Collateralize yourself with additional deposits to fill a vacancy. 

Hey Anthony, yeah just some additional details. 

- Highly recommend REQUIRING tenants to get Renters Insurance and adding you, as the landlord, as additionally insured.