“The reason a VA borrower isn't allowed to rent out the property is because of the primary occupancy rule.

Regarding your rents question, you're going to have to find a REALLY good deal around here in order to meet even the 1% rule, in my observation.

People who have their job or career that can support their families, and who invest on the side in real estate, seem more resistant to market corrections.  

My realtor told me this one a day after we first talked, so I'm a little overwhelmed and wondering what questions I should be asking.Numbers are $165k 2br2ba in a pretty good location of Central Texas, currently rents for $1700 (1% rule) "it needs some work or can keep the tenant.

I have had a HELOC on my primary residence for years and have exercised it multiple times to support investment purchases.

CA put some strict copper theft rules in place.. 

I like the idea of a HELOC on your primary residence but believe the new tax rules will impact that on a taxable basis. 

Personally, in Atlanta, I'm more comfortable with Class B properties while I'm starting out.As far as calculating a CAP rate, starting with the 1% rule seems to work for initial triage. 

Due to Florida Real Estate rules, I can't have two DBA attached to the LLC that is the current brokerage corporation (the commercial firm).

So are you saying that its a good rule of thumb to compare the 50% rule cash-flow to the calculated cash-flow, and if the calculated cashflow is lower than the 50% rule cashflow then it's a good indicator of the property?