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., back to the original topic: what would your next step be?

I do have a follow up question though on the topic.

Timely topic, as I was considering new markets for STRs. 

I stand by the concepts in my 5/27/2020 post on this BP topic, Buying auction properties in Wake County, NC, that people serious about buying foreclosures should take a few law classes or at least know every detail in their state statutes regarding the process. 

He revisits the topic often in his newsletters and his explanation stays the same.https://www.mobilehomeuniversity.com/mhp-mastery/the-new-par...Where I have seen some impressive development in my neck of the woods is in long term RV park development. 

Maybe I’m reading this wrong but after reading several articles it’s my understanding that normally when a civilian assumes a VA mortgage the “VA entitlement” will remain with the seller meaning purchasing power in the future will be less since it’s still tied into the current loan and the 1 year occupancy is foregone since the seller has lived in it over a year. 

Chris Ramsey sells a guide/ coaching on the topic of contractor garages.

HI - not sure if linking is allowed here but I just put out a piece on advice on this exact topic (https://www.biggerpockets.com/forums/517/topics/1196250-tip-...) - you should be OK but it would behoove you greatly to get some sort of documentation like a BPO (Broker Price Opinion) of the value now for use later in the refi!

I have included a BiggerPockets article outlining BRRRRs and navigating leverage to scale your portfolio below.