But for large multi-family, that amount hardly covers your legal fees for one transaction, let alone down payment, due diligence costs, lender fees, other closing costs, etc.

The inspection showed more issues than we expected but the seller wasn't willing to negotiate so we cancelled in the due diligence period.

The issue why most wives don't like this strategy is because they have to move into an ugly home that will be a construction zone for the near future and they have a hard time looking past that.

A legal duplex will have everything separate.  

But I am running into issues on the cash out refi side.

You minimize your risk of violating Fair Housing Law or compliance issues using an experienced property manager.3.

Once you’ve got a little experience under your belt then you can attempt buildings that need more renovations/repairs or have had management issues.

I believe the code says "if a veteran holds legal title to a property secured by a VA loan but does not possess equitable title, this situation is considered 'not a disposition."

But I’d’ also ask if the girlfriend is a legal US citizen?

I have FAR MORE MANAGEMENT ISSUES because of the SHARED PORCH.