In my humble opinion I would use your VA loan for the four plex and have property management run it for you, especially since we know how frequently our military gets moved around.

I value your opinions as well.

Originally posted by "**********":In SAC there is NO need in my opinion to risk a trustee sale purchase as properties for 60% of markets value and less via reo and or short sale are a dime a dozen.A few days ago I would have agreed.

Operating expenses of $450 per month would be more realistic.Here is how I see this deal:NOI: $450Debt: ($60K, 30 yr, 7.125%): $404Cash flow: $46 per month (a little low in my opinion)Mike

I understand that a BPO is a Broker Price OPINION.

My opinion?

I'd probably put the 20% down and try to get a mortage on the condo but I'm still unsure on the best option for that (opinions?).

That can be taught very quickly in my opinion.

And you also say, The comps in the area are between 350-420K.To me (My opinion) I see red flags.

Just my opinion, but I am starting to buy the XLF.