Also, your screening process either needs major improvement or your units are in a Class D neighborhood - and this is the tenant pool you have to deal with.Why don't you "shop" your local competition and at least see what competitive units look like?

This concentrates the equity so it will be easier to access when you need it.If you want a true picture of what borrowing does to your return you have to look at the Internal Rate of Return.  

Is that true? 

However, with the more complicated operating systems and heavy competition, that’s not true anymore. 

That means if you and another veteran apply for a VA mortgage together you can build or buy a property with as many as “six family units (the basic four units plus one unit for each of the two Veterans), and one business unit.”)My Take:I interpret this as possibly a mixed use building with 6 residential units and one business unit like a restaurant or coffee shop down stairs.

Having few insurers operating in Florida has made it difficult to shop around, especially for short-term rentals. 

remember payments may only be 400 a month at best.. 6 months reserves is a whopping 2400 dollars.. so someone theoretically with less than 10k in cash could get into these properties.. this William I personally think is highly dangerous for lender and for buyer... its not losing the 10k that's nothing its getting your personal credit trashed when you can't make the payments because you lost all your cash.IMHO if you want to be in the rental game you need 20 to 30k liquid at anyone time that you don't have to borrower etc.. this will insulate you from taking a loss. as you build units of course its not exponential but you need a base.And since this is not TRUE cash equity only paper equity there is no hope of selling them for a profit or what you have in them.. 

You can't tell the reality of gentrification and what is true crime vs. petty crime overall.

The demand for homes with a bit of land and a shop is high where I live, leading to a larger buyer pool and quicker sales.

My goal is to sell for a profit either way, but I’m not sure which path to take.Rehab: The Tried-and-True PathRehabbing multi-family properties has been a staple strategy for a lot of investors.