If you made it this far I want to thank you for your time in reading my post and look forward to future connections. 

I guess this is a perk of buying at the peak of rates now that the Fed wants to reduce rates in the near future.

We should have a lot less residential development being delivered in the next 1-4 years, which should shift the supply and demand for long-term residential and should have increased organic rent growth in the future as we saw from 2017-2020, but counting on that as an investment strategy probably isn't the best idea. 

That's why for deals like this, you will see people utilize bridge loans where they will lend up to 75% LTV and fund capex potentially because the property has problems and they are looking more at the future value and operations.

Don't look at what is going on today, but what the property can be in the future.7.

I know that I can keep going as an owner builder, but I also want to build new construction commercial properties, as well as having the GC license for credibility when working with other investors in the future. 

How much money do you plan to generate from this rental and do you plan to get more in the future?

I do intend to keep saving a little on the side for another future purchase but realistically don't see that happening till maybe January? 

Make sure that this won't put your future buyer in hot water with the VA or his lender. 

Between the walls where spirits dwell,I offer choices none can tell.To dwell today and own tomorrow,A future free from spectral sorrow.A chance to claim the haunted keep,What hidden pact do mortals reap?"