There are a lot of different ways to look at the whole concept of BRRRR, or just buying rentals at say a 25% 'discount' to ARV.If we look at say a 200K rental that rents for $2200 per month (a higher end duplex in our area).

Let's say a guy in one of those annoying bright blue suits with goop in his hair walked into your life and announced that he could offer you a sure-fire opportunity to get into the port-a-potty rental business.

I personally like my job a lot, but there's a lot of red tape to get through to become an appraiser as opposed to say a real estate salesperson.

I would say a lot of it has to due to the fact that the university and Carle are the major sources of employment and they tend to be recession resistant.

I would say as a caveat, that the properties held in this regard were in a stand alone LLC for clarification. 

Lets say a judgement was awarded of $5,000 plus court costs.

I do appreciate what others had to say as there are definitely pros and cons of each side.

youll have to confirm, however as long as the VA loan user (B-C) is going to be living in it I do not believe they care. however, if your planning to use VA loan as A-B then B-C, I think they do have a minimum occupancy requirement,(want to say a year) that they might indeed take issue.

It may be as you say, a bit messy.

What would you say a 2 bed 1 bath would rent for?