Classic.And God forbid you don't warm their ego or tell them exactly what they want to hear.

Doesn’t matter if they’re in left field; doesn’t matter if they’re about to throw $40k they don’t have down the drain; doesn’t matter that they’re about to send an already shaky marriage into crisis mold; no, they want a “warm and fuzzy”, an “atta boy”, told they’re headed for wealth and success, even if it’s a total lie.So it struck me - THIS is what the guru’s sell.

Thank you for the warm welcome!

I am trying to help you avoid the traps that all of us have fallen into.Your bravado is wildly misplaced and your biggest problem is that you are ripe for the picking by any guru or JV partner right now because you think you know a lot more than you do and you only want to hear the nice, warm stuff.

And even then, luke-warm interest until touching into that $4m/$5m+ mark?  

@John McKee, to be certain: IRR is a standard financial metric that is generally universally utilized.  

I'm really bullish on Clarksville.It's the 5th biggest city in TN, is continuing to grow, has a decent sized university, and has a steady supply of renters due to to it's proximity to fort Campbell. 

I recommend Total Money Makeover by Dave Ramsey and consider taking his class Financial Peace University. 

I have a rental property behind the University of Central Oklahoma and I am having trouble deciding whether it’s more than I can handle or if I should struggle through and keep the investment.

Hi Michael,The property will have to meet all of the VA's minimum property requirements, if you want a complete list, they are outlined in Chapter 12 of the VA lender's handbook: http://www.benefits.va.gov/warms/pam26_7.aspAlso keep in mind the appraiser has discretion to call out repairs outside of the MPRs if they feel there is an issue that keeps the home from being safe, sanitary and sound.