Pick one, but pull the trigger.

@Gerald Koonce Private lending from family members is allowed with proper documentation and compliance.

I cannot speak to the IRS compliance as I am not a CPA but I am happy to share some of what they do, as well as assist in any management and/or acquisition questions. 

This approach saves you time and effort while keeping you in compliance.

Local investor meetups are also a great place to find a mentor and just talk to other investors in your market.It can be pretty scary buying your first deal, but at some point you need to pull the trigger if investing is truly what you want to do.

For Q1, I want to get out of analysis paralysis, pick a market and pull the trigger on my first STR. 

Kind of surprised that BP has gone this long without getting things figured out and in compliance with the App store. 

Key Steps Before ProceedingContact the Loan Servicer: They will guide you through the assumption process and confirm whether an entity can participate.Consult an Attorney: If you’re considering title transfers or joint ventures, an attorney familiar with VA loans can help you navigate potential risks.Understand Due-On-Sale Clauses: Ensure any post-assumption changes comply with the loan terms to avoid triggering repayment demands.Final ThoughtsVA loans are a unique and valuable financing tool, but the program’s focus on personal borrowers makes entity-based assumptions unlikely.

The $450K will be returned to me as payback of my loan to the intermediary, without trigger any capital gain taxes, right?

@Phil Petite Forming an LLC in Tennessee is recommended if your rental properties are located there, as it simplifies legal compliance, avoids the need to register as a foreign LLC, and aligns the LLC with Tennessee's laws for property management and tenant disputes.