This deal is located in NW Indiana numbers are roughly estimated, I am planning to buy my first rental property with FHA loan, live there for one year, then move out and rent it out, Screen shot and Link to the file are attached below.

Background: I am new to the investing world with only 1 renovated 3-flat in Chicago and 15k in savings.

We want to build you up, not let you fall flat on your face :) Great question, OP!

The land is very flat, it was thick with cedar but we have it cleared down to roughly about 10 acres left uncleared.

I was able to do an owner occupied loan for a 2 flat for 15% down.

I'm a drywall contractor and working on site a lot doesn't allowed me to reach out to the fullest and also -screen for potential customers/employees, -following up with future and current customers,-shop around for insurance brokers.List goes on If you are indeed using a virtual assistant what is their task that you have them do?

The marketing of the unit and screening does take time but it’s different.  

You are screening for motivation, or a need for speedy funds, financial distress, and more BUT..HOWEVER, offer value!

One lender told me flat out no on either HELOC or cash out on an investment property.

If you’re looking to place a tenant after you purchase a place, your screening should pick up most red flags.