Purchase price: $259,000 Cash invested: $5,000 In 2018 my wife and I purchased a home with a VA Loan and lived in it until 2021, when we purchased a 2nd home and moved to that second home which also had a VA Loan.

After going through 3 bookkeepers who for myriad reasons did not start my books I have gotten a great bookkeeper.

@Jack Mi: my first impression is anyone that is buying a deal at a 4.5% going-in cap rate with 7% interest rate is anything by conservative.Now, there are so many details missing that it is impossible to give any true thoughts.The things I like:No up front fees, so less motivation to simply transact10% Co-invest is pretty good80/20 (assuming there is no second hurdle) is fairly good.Things that give me pause, based on what is actually presented:Going-in cap rate is very slim.  

I'm a first time investor considering buying a rental home for my daughter and her gaggle of roommates on a college campus.

I continue to work and earn to cover my costs and save some. 

At the end of the conversation with my RE agent, I asked them to repeat back to me how they'll present my offer, and nothing.

Thank you my man.

My wife and I have 24 locations in Colorado and Arizona.  21 locations are larger residential properties (up to 16 residents) and 3 are commercial communities. 

Disposition isn't as big of a concern as I'm seeing alot of cash purchases above 1mil.Just my 2 cents

It's where I cut my teeth and tested all my knowledge and skills set.