No, you cannot use your VA eligibility to bid on a home at a foreclosure sale in New York.Once the sale has occurred, if the property reverts back to the lender (Meaning it didn't' sell to a 3rd party), then yes, you can use your VA eligibility to purchase, if the seller (Bank/servicer/credit union, etc.) accepts your offer, and, if the property meets VA requirements (Section 1, etc.).I sell the REO my bank takes back and I don't like VA because they try to stick me with fees and try to make me do repairs that we just aren't going to do.

It also is worth approximately $140k more than my property is currently worth.My question: when evaluating renovations, is the math as simple as (Additional rent expected per month due to renovation * 12 months/yr)/total cost of renovation = ROI.

Right now we pay our cleaner $300 per turn but charge guests $250.The costs of having a STR about an hour outside of town.

The borrower would then refinance within 6-12 months, repaying $440,000 (including a 10% return), allowing the lender to earn $40,000.It is feasible to get 100% finance at 8% with no points or fees through private investors.

Normally you will just need to pay the county to transfer the deed and the title company will likely charge a fee to create the quit claim deed.   

For example one occupancy per 7 or 14 days.

on top of this, what we found is finding high density allowances of at least 150 dwelling units per acre and taking advantage of up zone incentives through hotel development, affordable housing development, etc. we try to develop the lowest cost per door possible and another way to do that is through micro housing development. raw land we also look for underpriced land that we can raise through entitlements the value. those are just a few of the tools we use in addition to parking reductions and other incentives for tax abatements.

They charge an annual fee, but there are no additional transaction fees. 

I like that it also automates late fees and collecting proof of renter's insurance.

You still need to do inspections etc. and you are just paying an additional fee.