SO expect to pay a premium based on what the potential value of the building can be once maximized and stabilized.

They've even called my mom who we don't live with anymore (but lived with at the time we applied for the loan).

There will always be other properties.

I think there were very very very few people who thought interest rates would go from 3 to 8% in about a year. 

Competition with owner-occupants and the age of the homes (70-120+) will squeeze your margins and expose you to a fair amount of risk.

With a cost segregation study your building value will be broken out into many detailed components which will have lives of 5,7,15 and 27.5/39 year  lives instead.

I'd echo what many of the individuals who have responded already have said.

For the past 10 months, I’ve been doing a BRRRR house hack with my multifamily, running a mid-term rental on the second floor.I’m looking to scale up soon as I’m wrapping up the last few renovations in my unit and will be handing the keys to a lucky tenant (MTR or LTR).

Your realtor will be able to give you a much more detailed market specific answer but with house hacking and a VA loan it should be possible to get 0 out of pocket.

But if this is a one-off, it's probably better to pay a local co-host who already has the local connections.Talk to @J.