Long term it gets complicated and also if you have heirs to inherit it there are many restrictions . look up Kareen hall and udirect .

I was a little surprised how much the operating costs really are when I try and project what I'll need in 10 years to not have to pay out of pocket for big expenses plus the basic outflow (lawn, lic fees, termite inspections, insurance, taxes...)Here's my question, the property nets 1500 per month after I pull everything out.

Appraiser,termite inspection etc.. went pretty smooth. 

Short term, it looks like a good deal but long term, not so much. 

VA loan is awesome however I personally feel as though home prices and rentals are ridiculous and unless you're throwing down a decent downpayment or staying here long term, it's not worth it.

The house is near 100 years old and a prior owner did a good job covering up foundation problems, termite damage, to include electrical and plumbing problems. 

.)- Termite treatment- 1 dysfunctional water heaterAccording to contractor bids, there is at least $45k worth of repairs. 

It is an older home, some studs have termite damage, the bottom plates were not treated, I want to know the extent of framing that has to be done as well. 

Also what you NEED to know is Turn Key is a VERY lose term.  It's

I put a some money into making it more desirable as a vacation rental via (airbnb, vrbo...etc) with the plan of holding it as an investment long term. It's