In a hot market I was one of over 20 bids.

If one partner is more capital intensive vs others all that will be spelled out. 

I live in the Tahoe takes regular upkeep from the snow to the intense sun to wildfire risks. 

Make sure that this won't put your future buyer in hot water with the VA or his lender. 

Check who pays the hot water for the tenants' units.

One consideration is that the market we are looking at is pretty hot so properties fly off if the offers are not all cash.

Lesson from Radiant Young Adults night in Tampa – "Staying Power"Last Thursday's session reminded me:- Stay consistent- Play the long game- Consistency always beats periodic bursts of intensity- Consistency might feel “boring,” but that’s where growth happensStay the course!

Several reasons: market rates, cost of operations, risks of the tenant in particular, rental history, turnover potential, loss of rent during turnover period, "hot" or "cold" market, etc.

So the tax benefits are not gone yet.The cash-flow from STRs is usually much greater than LTRs, albeit if you're self managing it can be more intensive.

That's a pretty hot market from what I understand.