Thanks, those are great resources for me to utilize Account Closed It is in Lee's Summit, Mo.

You are in a great situation with being able to utilize incentives that your military service has to offer.

His proposal is that we go 50/50 on the house, down payment, repairs, expenses, profits, etc.The loan will be in my name b/c his credit utilization with the two mortgages is up there.

Bill back utilities, pest control, water etc.3.  

That is why the miss zoned duplex at 814 Court St must be given a zoning exception and allowed to once again be utilized as a triplex.

Break Down example: Loan amount 100,000 (30% down payment)50,000 to buy property40,000 for rehab10,000 utilities, insurance, taxes, closing cost, etc.

Oh gosh lets do this, I have been so eager to get the advice I need from a physical group, I'm in whatever I can do to help I will, my wife wants to use our VA home loan for a personal residence, but all I can think of is utilizing the home loan and investing for our future, I neeed a meetup.

She includes utilities cable and internet.

Gross income minus PITI, PMI, and all other operating expenses like cap ex, repairs, vacancy, landlord utilities, etc.

Another gotcha is if you the landlord pay utility bills for the tenant included in the rents.You could have no water leaks and the utility company decides to go up 10% on the per gallon usage rates for water and sewer now that they think the economy is doing better.