Your tenants obligation was to pay you on Jan 1, so it doesn't matter if they paid someone else they still owe you...obviously details re: notice and dates all come into play here and from a practical perspective I'd work with the tenant and not move to evict over this.

Totally out of control.

If you just want to do buy and hold, you can purchase a duplex in a B area for around 150-180k with rents at around $2400/mo total.

Right away the most obvious is STR.

Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.

With the caveat that you have to pay off your VA loan (or use less than your total eligibility) to be able to use it again moving into another property. 

If the numbers and neighborhood work for me, the age and condition of the property are totally irrelevant. 

Totally up to you.

Any help is much appreciated - obviously a short term rental would be ideal, but it looks like thats out the question for now. 

@Adedotun Kembi Most lenders will only lend a total of 65-75% on a rental and at much higher interest rates due to the higher risk.