I'm not quitting my day job (the earliest would be 8.5 years from now to claim my pension and retirement benefits) but we will look for our 3rd source of income and take the long approach to transitioning out of corporate world.Too me, this is a Marathon, not a SprintGood Luck!

I approached them with specific terms that would benefit them and secure their investment on me (interest, payment due dates etc..). 

@Alexandra Garced I recently just learned, as I was in the process of doing so, refi-ing into a conventional does not open back up your VA Loan benefits. 

It’s widely accepted that real estate is America’s best tax shelter, but when you consider its other benefits (income, control over investment, forced appreciation, the ability to leverage, and protection from inflation), it’s easy to understand why real estate is also America’s best investment, and your best path to that most sought-after lifestyle…Freedom.Ian Parrish

Unless it's a niche unit or population you're wanting to rent to, don't furnish it.Awesome to hear you're using your VA benefits to do this!

1) Rich Dad Poor Dad (READ THIS DAMN BOOK)2) I Will Teach You To Be Rich (Hands down 110% the best book EVER, this WILL change your life as I can attest to as I'm implementing the tips in my life now) 3) Set For Life (This is the mindset and goals you must have to achieve Financial Freedom)4) The One Thing (What can YOU do NOW to BENEFIT you later)5) The Four Hour Work Week (No it's not about working 4hrs a week, it's about optimising your time and it works!)

It actually may be to your benefit.

The benefit of this would also be that you can also include any circumstantial guidelines in case a partner wants to drop out of the deal, or if the market changes.

If there is a discrepancy, such as with fixed operating expenses being much higher in the market than the owner depicts, then the benefit of the doubt is usually given to the market's typical expenses.

In the meantime, I get the benefit of being able to save more and expand my budget, which opens up more options.