New guy arrives, sees weird equipment, doesn’t know how to fix it.

Some people come from money, some people had a previous career in finance and know lots of investors, some people are really handy and save a killing on fixing things. 

You fixed the problem in an acceptable amount of time.

Episode 113 -Jay Papasan - Partner of one of the best selling Real Estate investment books, "The Millionaire Real Estate Investor" and Jay gives really good practical advice to building wealth and sincere logical.Tax Strategies from CPAs Episode 269 - Amanda Han and Brandon Hall (New Tax Codes and Your Investments) Episode 244 - Linda Weygant (Understanding the Tax Benefits) Episode 196 - Brandon Hall (Tax Strategies to Help Your Real Estate Business)Favorite Reads:A Helpful Book List by BiggerPockets: BP Book List LinkRich Dad, Poor DadFlip: How to Find, Fix, and Sell Houses for ProfitThe ABCs of Real Estate InvestingThe Book on Rental Property InvestingThe Millionaire Real Estate InvestorI appreciate you all for sharing and adding value!

We are currently fixing up our house now, looking to move out in the next few years and just rent it out but we were kind of looking for getting an income property sooner!

@David Kerr You can create higher equity position with 15 year fix and higher passive income with 30 year fix although this is not true in all loan scenario.  

I do have repairs I need to do on the property, roof repair $1800, fix a sump pump that isnt working, and electrician to look at a box in the garage. 

I have had my eyes on a couple fix and flips and was wondering if I could use the 203k FHA Rehab loan while I have a VA loan?

My offer - $925-950K  (no realtor involved)Closing in 30-60 daysI get it under contract, put about $30K into it for cosmetic fixes so its rental quality ready, and then assign the contract for $100K to an investor or family willing to put in sweat equity.Do a double closing and pay the sister $500K equity with the proceeds from the end buyer, I take my $100K fee, and sister pays my friend his portion of the $500K equity they agreed to. 

This is worth it to many folks because they will be locked in at yesterday's super low fixed rate.