Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lenderHow did you add value to the deal?

I am financially independent and don't have a job, though.

Consulting a tax professional or financial advisor familiar with these rules would be a wise step before making any decisions.

Brother B could be convinced to see things my way but has had some financial strains lately so it might be an uphill battle. 5)My mom is in memory care and did not do any end-of-life planning so my brothers and I are footing the cost of her care.

I would prefer 4, but I have to make the numbers make sense for me and my current financial position.I attended a webinar last night from a veteran who's been in real estate for years and understands use of the VA loan.

I heard something that they might offer "Landlord Financial Assistance", but not sure if that's true or not.

Maintaining a financial track record for your project is facilitated by effective budgeting.3.

It will also be dependent on the previous year's financials as well.

There’d need to be a lot of rehab work/managing that would require you to put in that many hours.From a financial perspective, it seems like the highest leverage way to keep buying more properties is leveraging your W-2’s and then being work optional.

It wasn't fun living an hour and a half from work and play, but absolutely worth it.If one is starting with relatively low living expenses, cash flow can be extremely powerful towards reaching financial freedom.