For every good matching comp at a high price theres 16 poor priced matching comps that the appraisers only focus on.

I did my homework before making a decision.  

I have San Diego properties purchased with good timing and properties purchased with poor timing.  

@Zach Lemaster, I will definitely be in touch as the traction continues and we have decisions to make.Is this investment a disappointment, a base-hit, or a homerun? 

So, the total base move-in costs would be $2500, all paid prior to lease signing.Since choosing a place to live is a very personal decision, please feel free to do a “drive by” of the property, located at 123 Main St., so you can get a feel for the neighborhood.

Hence, the decision was to make the flight using a single-engine plane.The same logic applies to multi-family properties: a fourplex has four times the vacancy risk of a single-family.

@Chris Kay beleive you can do DSR loans without a job as they qualify the property, not the borrower.You'd still need 20-25% down though.That's where you have a decision:- Pay down the mortgage, setting yourself up for a future refinance to free up your VA Entitlement.OR- Save up for your next acquisition.Only YOU can make that decision as you have to be comfortable with the increasing debt-load risk and the additional time to manage everything.

This outlook is reflected in the prices resulting in poor initial cash flow but historically great long term cash flow. 

This was my first property, and while it's been a great learning experience, I made several mistakes along the way—ranging from choosing a realtor who was more focused on closing the deal than finding the right house, to having a poor inspection and overlooking issues hidden beneath the surface (literally).

Congratulations for making a decision.