2) Any recommendations for property managers in Richmond, VA?

And this will happen until the last sucker buys a multifamily with 0% down with their VA loan, without the foresight to underwrite for capex, underwriting for only 2% repairs and still only having a small margin. 

There is one semi-decent area locally but the properties are pricey (DC/Virginia area).

Thanks for service, @Sean Snizek - you've earned the best tool in an investors belt, access to VA loan rates.

In my case, the transaction is handled by an attorney and like Virginia the security instrument is a deed of trust.

I owner occupy a Duplex that I purchased using my VA Loan.

You need a MA attorney, not a Virginia attorney. 

Also there are certain loans like a VA or FHA loan that require very low money down.

You glance at description and it says key phrases such as “no VA or FHA” or “Cash Sale only” “As is” or “Contractors special”.  

Can anyone help me understand how much it will cost for a full Gut Renovation Cost for 2750 Sq.Ft House in Virginia Beach?