Out building in a moderately large outdoor mall.

So while these can be used for light to moderate rehabs, they can't be used for that extreme flip with holes in the floor or missing sections of siding.While I feel like I have a decent understanding of VA Home Loans, and personally feel that they are a great tool, I would like to know if there is anything I may have missed or don't understand completely. 

If so I would love to hear the following1) pros2) cons3) When you joined a BNI where were you in your real estate business (newbie, moderate, advanced) 4) suggestions when joining a BNI.

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Hey Joe - We've spoken before on Woodbury but I figured I'd provide this information for anyone else who may be curious and to help spark the conversation.Woodbury is very similar to Gloucester City in the sense of demographics, rent roll, house conditions, and tough local government.Its a blue collar town with moderate crime.

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What he meant by that is that investors need to be moderately nervous about protecting their investment to prevent them from continuously overextending. 

I guess when alcohol hits him, things change!

It's supposed to be for "moderate income" and a way to check Community Reinvestment Act boxes.

There are tons of rentals that get rented with small to moderate blemishes and it's not worth the hassle of a security deposit dispute in court for a few hundred dollars when you don't have any documentation to defend yourself.On the other hand... if you purchased a home with a tenant who moved in with scratched trim, holes in the walls, ripped screens and carpets, and torn lino...