This is because VA loans are tied to the borrower’s personal ability to repay and require a creditworthiness review.VA Entitlement Consideration: If you’re assuming a VA loan, the original borrower’s VA entitlement may remain tied to the loan unless you’re a veteran eligible to substitute your own entitlement.2.

I appreciate the ability to teach out to you with questions!

I think the ability for the lower cost places in the midwest to 'cash flow' has been way, way overstated.If you know a market well though, that's definitely an advantage.

You can't raise the rents in a fixed term lease but if it's month to month you may have the ability to make a change with notice (30 days is fair in my market).

Doesn't affect us, but it would affect anyone with a hot tub because it would really hinder your ability to refill it.

If your numbers are solid, you might even be able to cover the monthly payments out of the rehab budget.This kind of setup works best for properties that need significant rehab, and you need to be confident in your numbers and your ability to get the work done. 

The location being Las Cruces, New Mexico was yet another sucker punch that has negatively impacted my ability to do much with the property.

Maybe in the future they will add the ability to create a balance sheet which could be beneficial. 

Getting your real estate license can be helpful, especially if you want direct access to listings, market data, and the ability to save on agent commissions.

However, in my market house values were outpacing my ability to save sufficient funds.