Uses that also target the business incubator residents/visitors and remote workers might work, e.g. many years ago I'd thought about doing a sort of subscription-based co-working space - something of that sort may do well initially, but may be much more successful in about 5 years as the area continues to redevelop.Current resident population within 1/2-mile is lower-income.

Returns are heavily based on how levered you are. 20% down performs better than 30% down in terms of overall return.

I've never done a dscr loan but if rates drop after your (most likely) pre-payment penalty ends, I'd refi.

My plan is to take the $800,000 equity I now have in my two unit building, wait until rates drop in the future and borrow against it to purchase a few other properties.

You get a set amount for your entitlement (the amount is based off of where the property is located) and as long as you don’t go over that amount, you can technically get more than one VA loan.  

With the DSCR... what happens if I can't make the ratio month over month (ie: vacancy drops for a period.)

What is your exit strategy... pay me in cash based on rents or other income?  

Small note on the JADU requirements... the interior access requirement was recently dropped.

My first property was based on a VA loan.

So based on what you know, if a beginner were to snatch up several of these 10.5% TDs over time, and experienced typical losses for a beginner, what would their net be?