But it all depends on your market, quality of the rentals, your level of desparation, etc.

He said the house needs no repairs, built in 1980. 3 bed 1.5 bath, 1190 square feet.

so My tenants lease ends oct 31st, she moved out on the 6th after paying the last month rent but turned all the utilities off also, I went in to make nessasary repairs on the 19th and also turned the utilities back on to work.

The area we are looking in has super high tenant quality, little vacancies, very 'hot' neighborhood and the buying competition is intense.

There's a 1 year manufacturer warranty (I just had a dishwasher repair covered by that). 

Since turn key companies consistently use the same crews and usually keep them fully employed, the can control their labor costs more and control the quality of work; Contractors can be hard to manage when you're local.

Hey everybody,Does anyone have any experience using VA "Loans for Alteration and Repair" to buy a house to live in?

So much can go wrong- major repair items that you've missed, the market can soften, vacancies, inability to refi, etc.

The idea is to pay cash for the repairs, but try to finance most of the deal with hard money.

It will also depend on whether you are doing "flip quality" rehabs or rental grade.