Also features that are desirable in duplex would be a separate heating system which allows the duplex part to adjust its heating and air conditioning to whatever the renter wants.

Condition of one side is not up to current standards for market and rents are below market value.

Without the out of state pressure those values I think would have rarely climbed out of the 2 to 3 % rule as that is all a in the know investor will pay for the risk/reward of the current condition of those areas.. most all of the commercial has closed  so its really just schools and homes..

I would evaluate the homes and their condition to determine which homes would be the best candidates for selling quickly.

Negatives to VA Loans- Seller pays for termite Inspection-Termite damage needs to be repaired- VA property condition requirements- Longer close times- VA borrowers are typically, but not always, First Time Home Buyers, so all the perils that go along with that.- VA Borrowers very often tends toward very subpar lenders like USAA for instance.

Hardwood flooring (depending on condition) can be sanded and sealed.

The post itself is mainly for the REFINANCE step but it can certainly be applied to other lenders.  5 years ago most hard money lenders were pretty close to being similar but now there seems to be VERY different conditions especially with more "national" types of HML. 

It made it super easy for us because he already knew exactly what pictures to take, how to make sellers feel comfortable (if he was going to an occupied home), things to look out for, etc.Unless a seller has grossly misrepresented the condition of the property, we very rarely have to renegotiate after we "inspect" the property.

If it's in good condition then you won't need to do much with it.

@Koen BallantineTo buy your first property, consider financial, personal, and market conditions.