That means you are negative on that property for at least 10 months, and remember, it costs you the full $5000 for that roof.Now, if you can include the cost of the roof in the purchase, that $5k in added cost is applied to the mortgage, and not out of pocket. 

If it’s a rental first, the percent of time owned that ou lived there is tax free, the 2 of 5 rule doesn’t apply as our predecessors “used the heck” out of that tax advantage when they wanted to sell. 

Hi Ray--I'd get some numbers from hard money lenders and then apply them to the property analysis to see which way the numbers work better.

@Trevor Carlson - Yeah, if you are using traditional financing (FHA, Conventional, VA) and are applying for the loan as a primary residence (not an investment property) one of the stipulations of most all lenders is that you take occupancy within 60 days.

This applies to all Insurance - Its aim is to reduce financial uncertainty and make accidental loss manageable.

The current tenants (B) properly applied for the apartment and the landlord okay'd the application.

This also applies to your vacant rental space in Arizona.

If you have paid off your VA loan, but still own the home purchased with that loan, you may apply for a one-time only restoration of your entitlement in order to purchase another home that will be your primary residence.

Tell her starting Dec 1 or Jan 1, late fees will apply. 

Lots of great local groups around, each with pros and cons:TRIG: meetups once/month, paid membership, tons of local rooted investorshttps://www.trigofva.com/Hampton Roads Investor Group: Free, hosted by investor agents at 1st Class Real Estatehttps://www.facebook.com/group...Hampton Roads Landlord Associtaionhttps://www.meetup.com/HRLandl...