If you start filling up to quickly then you might be too cheap. 

I would do a quick look on Zillow (MLS in my case) and find past sales to get a rough graphical idea of where those properties are, and then I would actually walk the streets.

Also just a note, if your PM is also a Wholesaler... then that's his #1 priority.

That will then steer the conversation to other resources needed. 

I’m about to PCS to San Antonio for a year and was considering buying an investment property to live in while I’m there, then rent out after I leave.My question is this: since we’re restricted in getting fixer uppers with the VA loan (I know there are renovation loans), what are you looking for with the property?

Like a trust.LLCs do not open some magical door to more tax deductions.I tend to recommend LLCs where the properties are located, but then those LLCs are owned by a Wyoming multi-member LLC.But if you think that you can skip fixing that loose railing and hide behind an LLC when the tenant is injured, you'll regret it.

Typically, with fix-and-flip loans, you complete the renovations upfront, and then the lender reimburses you via the draw schedule.

Are you buying this in your name and then trying to quit claim into an LLC?

. $5k is not overwhelming, but if you never really get started then it's a moot point.Power in numbers. 

What is the downside of using a commercial lender to purchase, my own cash to rehab, and then refinancing?