Hey Eric, I'm a broker and investor here in Norcal, and manage 100+ rental units.

I currently manage two single-family rentals, each generating 10% gross cash flow.

We decided to use Plastiq for down payment.

Leveraging a property management company can help manage the rentals effectively, especially if you plan to live elsewhere eventually.

Out of area investments do require a trusted team of people that can help with the management.

As far as your VA loan goes, I do think you will need to have a steady source of income on a W2 for at least 6 months right now or 2 years tax returns if your an entrepreneur.. unless you can manage to get your disability rating then you might qualify just based off your awards letter.

This can be complex and requires agreement on the valuation and division.Continued Joint Ownership: In some cases, continuing to own the assets jointly and managing them through the LLC may be an option, especially if they are profitable and both parties are willing to maintain a business relationship.

I’m sure you’ll quickly be berated by “Loanman” or “Edible Investor” for whatever you decide to post.

Hi, we manage properties in a partnership and in a couple LLCs.

All, I have formed 2 LLCs: 1) manager managed (parent), called LLC A; 2) member-managed called LLC B.