Anyone reading this thread should make it a point to read your state's real estate contract practice book or at minimum pull a list of all C.A.R. forms from the internet and read the title of each form and pick a few to read line by line to begin understanding the contract language. 

I think the VA loan house hack is an incredible opportunity for service members, and I think you could absolutely take advantage of it if you'd like to! 

Just wondering if there are good internet guides out there to help new investors understand steps in renovations and lay out scopes of work and materials needed so we don't miss anything?  

The education and support are incredible, as are the resources and the community.

That’s an incredible accomplishment, and you deserve a lot of kudos for reaching this milestone.This might be a simple question, so thanks in advance for humoring me—does the property still cash flow if it were financed with a mortgage?

It's worth reaching out to Corporate Housing Groups (most HR Departments at large employers have this division as well as Relocation Companies that you can find via an internet search) to offer your property as a 30-day furnished rental.

I'm chez, and I've been lurking on BiggerPockets for a while now, soaking up all the incredible knowledge here.

Who pays for maintenance is determined by the written contract between parties, not a list on the internet.

@Philip Jones we've helped our clients do over a hundred.As some of the lenders posting have pointed out, the challenges are:1) Property value and corresponding loan size2) Appraisals have much better comparables than 5 years ago, but may still be an issue.3) Property condition can be an issue via the appraisal4) Ownership seasoning - most lenders looking for 6+ months or incredible documentation for cost of improvements made.5) Most DSR lenders require professional property management.Always try a small local bank or credit union, but most will expect you to transfer your business bank accounts over to them. 

The 1% rule incredibly flawed, even as a short form underwriting technique.