Assumption by an EntityUnfortunately, assuming a VA loan directly through a legal entity (such as an LLC, corporation, or trust) is typically not allowed because:Primary Residence Requirement: VA loans are designed for owner-occupied properties, meaning the assuming borrower must intend to live in the property as their primary residence.Credit Review: The VA and lender require the assuming party to undergo a personal credit and income review to ensure repayment ability, which entities cannot satisfy.3.

Also, it goes without saying that if you make a procedural error (very likely as the process is designed to trip up the unsophisticated landlord, and all tenants have the right to a pro bono attorney), then you have to start the process again from scratch. 

These areas also feature strong rent-to-price ratios, growing populations, and landlord-friendly laws, making them attractive for long-term rentals.Here are a few tips for investing out of state:- Research Local Teams: Build a network of property managers, contractors, and real estate agents familiar with the area.

BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.

And don't forget to factor in design/furnishings into your budget keeping in mind your ideal guest avatar.    

For my personal properties, I design the mortgages so that I'm just above cash flow neutral. 5% of the gross income is a good number I shoot for above neutral.

That way you can work backwards on the land price AND your holding costs while you're designing, permitting, and building the home. 2.

These can sometimes offer better cash flow, especially if you’re in a family-friendly area with unique features like extra square footage, an ADU, or flexible layouts.

For design, it really depends on your preference? 

Affordable Construction: Thanks to the small footprint of these homes, Griffin Modern’s designs avoid costly engineered lumber.