Otherwise, you probably aren't saving what you're think you're saving.

We probably would have renovated the main house also, and turned that one into an Airbnb if we had really thought about it back then.

They'll probably also want to be sure that you are competent to operate the property afterward, because their reputation is tied up in who they do business with, and it's bad for everyone if the property becomes devalued.

If that payment is low, then you will probably need to aim for a duplex/triplex/quadplex you can get into with your VA loan and go from there.

If you have one of the older, turn of the century mid town houses, you are probably getting somewhere around 1600-2000 depending on the condition of the home, availability of a garage, etc.It is an older home, from the 40s I believe.

@Yooni Choi managing from out of state (OOS) with ZERO previous landlord experience - probably won't go well.You WILL make a lot of mistakes that will cost you money.

It cost him a few hundred bucks, but she was happy, and more importantly, he didn’t have to deal with an expensive lawsuit or bad online reviews.Here’s what I’d recomend doing:Check Your Legal Standing: Since the fence isn’t in her lease and not part of the surveyed property, you’re probably in the clear to remove it.

For Flips generally you would need to have the Core GC, the HML and most probably a  good investor savvy Realtor  to help out.

The typical income from a free and clear rental would probably be $800-1500/month - and on a financed rental probably $300/month on a good day in today’s market.  

Keep an eye out for stuff like that.If none of that works, you’re probably in it for the long haul until they leave on their own.