These two will both be partially managed by, and subsequently left to, one of my sons someday. 

I’d reinforce what an eviction on his record will do to his ability to get subsequent rentals with all the background checks going on today.  

This means that the cost of this loan is reduced per use with every subsequent use of the same money. 

I’d recommend using your spouses for the second purchase so that, if not exempt, your VA funding fees will only be 2.15% for first-time use each time instead of bumping up to 3.3% for subsequent uses. 

You will pay an increased funding fee due to the subsequent VA loan, but you still don't pay a down payment, etc.....Although I am pretty savy, I am still not an expert so do all your research etc.. 

Obviously the freemarket decides where prices go, as long as the govt doesn't interfere too much, and when too many folks buy too high and can't make a profit, they'll either lose or learn and hopefully it'll even out before a crater in the market.

Hello Jay,it copies and paste a little backward.. but by my sending this in and subsequent meetings with the state of Oregon investigators its clear that assigning contracts with no intention to buy IE its your business model and advertising in ANY manner a property you don't own is simply illegal in this state.. 

What that means is that normally once your holding period has passed a year all the gain from that property or subsequent properties is generally treated as capital gain. 

- Will an option agreement expire once there is a subsequent transaction?

From I can see it looks like the utility company is supposed to try to collect from the tenant, and then can subsequently place a lein on the property.