Just know before you buy, (only in my opinion though) count on it being a long term hold and having an exit strategy.

I count my lucky stars that I found bigger pockets because i've learned so darn much.

The last VA loan I funded the underwriter wanted proof the veteran had some sort of landlord experience prior (not a full 2 years) and they wanted to see 3 months of cash reserves but this was a fourplex in the Jefferson Park neighborhood of Los Angeles, CA - mid 2017- when calculating your DTI are you using what you feel you're getting in terms of cashflow on your two properties or have you sat down with a lender and did a cash flow analysis using what the guidelines will allow you to count towards your DTI?

Disclaimer: I'm not an expert on this particular program, but I recently participated in a session for those of us trying to help people take advantage of it and may have some helpful information for you.The program is matching funds, but your purchase price counts as part of the matching funds.

@Randy Good you can 100% use IRA funds to count towards your reserve requirement.  

Count me in.

I'm working with the seller to get me a signed copy but I am not counting on that.

Does moving to New Zealand for no reason in particular count?

I went down so many different learning paths I lost count. 

It could be tough to step right in to a 3-4 unit, because without experience as a landlord, most lenders will not count your future rents on the property as income either.