Additional costs will creep in and costs seem to go up faster than rents, so I would sell and try to otherwise optimize the VA loan. 

I imagine there’s a different dynamic with tenants sharing common spaces, so I’d love to get your insights on how to manage this aspect effectively.Thanks for sharing your experience, looking forward to learning more!

I don't expect to know everything by then, but I hope to develop a basic strategy that prevents me from making the most common and costly mistakes that a newbie can make.

Hey Anthony, yeah just some additional details. 

It's just common sense.

Hey Denny - For rehab costs, a good place to start is breaking things down room by room and getting rough estimates for common repairs like the roof, HVAC, kitchen, light cosmetics, etc.

Some must be using PriceLabs because it’s so common. 

That could be achieved without spending an inordinate additional amount in cap ex; In fact all I have seen had these items in common1.

The only time we need additional information is if they are denied.Once accepted, we tell them exactly what we need from them to move in. 

In addition to that, the septic tank is undersized for the size of the home.