I had a seller this year in a multiple offer situation reject a higher VA loan offer in favor of a lower, but otherwise very similar, conventional loan offer due to a very minor worry that the property wouldn't meet the VA minimum property standards.

If so, and you plan to take a loan out at the time of purchase rather than a refi (which is how you would do a BRRRR), then you should speak to a lender to ensure you meet their underwriting standards, and then get pre-approved.

In general these home require much more renovation than meets the eye.

There's one that meets in Tigard monthly

Regardless, what I'm trying to say is that you don't have to follow the same path but talk to several other lenders as there are options with smaller credit unions if you're strictly looking for buy and hold without having to do rehab.

Very nice to meet you both!

I'm meeting a guy tomorrow afternoon that has 15-20 rentals in Lansing, MI and is looking to retire soon.

StevePleased to meet you.

(and I say this as an avowed pessimist, bordering on misanthrope)Locate and attend local REIA meetings.

This is strictly a perception thing in my opinion, not a legal issue.Also generally speaking the code of ethics for licensees makes things like wholesaling a bit of a gray area in terms of who all gets a piece of the pie (broker's comission split and other distribution of earnings)