Thank everyone again I'm new to this site but it is an amazing sounding board and everyone gives such amazing feedback. 

It sounds like you’re in a solid position with your skills, VA loan access, and local handyman expertise.

@Pat Aboukhaled - thanks so much for this feedback!!

I instantly researched them and have only read positive things.

This initial negative position can consume years of the small real cash flow (when using realistic expenses).   

I'd need more details to provide more helpful feedback. ...

Any comments/feedback/suggestions would be helpful.

If you can get a 30-year loan on it and still make positive income, as well as appreciation along the way, it will leave you with more for reserves and more for other investments.

I was able to negotiate a good deal because I was in a position to move quickly or walk away.

U simply are not clued into the lending market and the way lenders look at risk thats why you think its a great deal but its only great to you.. most all of us lenders do FAR better than 10% on really nice first position loans with a fraction of the risk..