It looks like it's pretty much the same terms: 0% down owner-occupied and 5% down NOO. 2.25% funding fee and the seller will pay up to 6% of the sales price towards closing costs. 

- Refers to loans and mortgages that cover the costs of purchasing and launching your short-term rental property and business. 

Example:  VA eligibility - 500K1st SFR cost - 300KLeftover eligibility = 200K2nd SFR cost - 300KFind a conventional lender for - 100K  (now no down payment needed?)

Which one of the paid lead generation sites are you finding most effective for getting lead lists and which mail houses are the most cost effective? 

The key seems to be not letting this current tax rate issue push me into making a rash Risky investment that could end up costing more than simply paying the excessive taxes now!  

I believe in the power of community knowledge, and I'm reaching out to you, the seasoned investors and professionals, for guidance.

Next, figure out how much the entire rehab will cost and contrast it with the possible rental income.

As long as this 4plex would be in a high-cost area then conventional would still be a possibility for you. 

In this case I would say that for maintenance, you would be best off paying per trip/hourly for the cost of any repairs at whatever is an average median rate for a repair man in your area.

And as the buyer (my colleague) is now getting closer to closing it's starting to look like it might be worth just cleaning the place out and doing a very low cost rehab (paint, pressure wash and handyman repairs) for a quick sale.