It's sickening to me.The LO can be used for both an acquisition strategy and exit strategy. 

Income from rental properties is one of the misunderstood aspects of this business by green LO's and borrowers alike. 

As we say in Spanish "lo barrato sale carro" meaning the low cost can become expensive.Our next lesson will have you buzzing with excitement as we explore how to achieve remarkable results without breaking the bank.

Landlord experience is only required for VA with a 2-4 unit property purchase.Just make sure you are using a lender that does not have any overlays on the actual VA guidelines, and the LO should be a freaking rockstar Veteran advocate that understands both VA and investors. 

Make sure to align yourself with a rockstar LO that has YOUR best interests in mind. 

your best bet is to go to sales manager of former LO and understand why that is a issue need for a 2 year history for part time income is only when it is secondary income not primary job.

@Hsiang Lo - It really depends on where in Hawthorne.

Not aware of onerous anti-LO laws in FL but not positive there.  

@Dilthon Ramos You could possibly structure a Lease Option, but since it's located in Texas, I would consult with @John Jackson first, since he's an expert in Texas LO's.

Lo and behold after I closed on the property, the tenants let me know there is evidence of a leak still existing and it's getting worse as time goes on.