It is vital you learn the specifics of the jurisdiction that you choose to invest.

I have a habit of rambling in posts.

So being that you have better habits than I, you'll be just fine!

Here are things to consider:- VA loan requires you to purchase a "move-in" ready/habitable property - Considerable Property taxes - Most properties in VA standard are in market price- Operating costs (medium to high) - being conservative- Cashflow = almost non-existentI know this is not enough information to conduct a proper analysis.

I mean he could cause heat to stop working and other habitability issues that will force me to fix and cost me.

Full disclosure, I believe in the long term vitality of the Asheville market for the next 30 years.

We were able to gauge each other's working habits, skillsets, and resumes.He's actually invested in real estate.

If the property is doesn't have a certificate of compliance and not allowed to be rented, then the tenants should not be allowed to stay.This is just opening up another door for all the professional tenants in Detroit who try to get free rent.Or its closing the door on all the slumlords who dont maintain their properties to habitable conditions. 

The strict requirements consist of a credit score minimum of 620, 1yr reserve of mortgage payments, and property must be in habitable condition.

If these top producers are smart they will make an effort to stay away from the edge of the laws and while they may employ "sales tactics" they will develop habits that keep themselves legal.