If a tenant stays only 12 months, and then it takes a month to fix, clean and get next tenant in, that is 8.33% vacancy.  5% would imply that you are down about 1 month every 2 years.  

In addition, purchasing it non-owner occupied would imply not using the VA loan so your loan terms would be non-optimal.When you are 2 to 4 months from moving to Texas (longer if you think you need more time to find the right house for you), I suggest you start shopping for a home using your earned VA Loan. 

Residential implies people's homes Other investment options: S&P 500 has lifetime return over 9%. 

you need good education WITH docs and training on how to use the various complicated docs in creative.All trainers have a big youtube foot print. 

So many REI students get frustrated when they try reaching out to PL (because that's what their trainer/ teacher taught them to do) thinking that the PL is actually OPM.Now, why did I go over all of this? 

This of course implies ownership for a period of time, not merely tying up a property and finding a buyer to step in to complete the transaction.

I'm an online trainer and mentor to aspiring investors and that's one of the first things we get clarity on before anything else. 

Chris is on the right track, IMO, after the link, to the link to the link, LOLI have done many transfers, mostly in installment sales, with notice and implied acceptance working well for me, this is the same issue, the due on sale.

Since 2012 time to till date I have been to every single mentor weekend boot camps in the country (from Boston, MA to Los Angeles CA), Done a great research to find results oriented mentors, Based on my research "These are best of best Mentors in Multifamily space, They are very honest, straight forward, you get coaching with them directly (No other trainers)".

Going with an unlicensed and illegal Property Manager would be in my mind pure lunacy.Some in this thread have implied or out right stated that a larger Property Management Company equates to a lower quality product.