Hey Mark, here are some quick tips:-Ask about DSCR: Check what's their minimum Debt Service Coverage Ratio (DSCR).

Look up rental comps in your area of course. 

If you can buy and rehab a property every 6 months for 7 years and the average value after rehab is $75k you will have 14 properties with a total value of $1,050,000 but of course 75% of that value will be loans and only about $250-300k in equity. 

Hi Michael - I live in North Myrtle Beach now in an area called Barefoot Resort.  25 years ago, one individual, who happened to own a small, 7 shop strip mall on the beach-side of the intercoastal waterway known as Barefoot Shoppes, crossed the waterway to acquire 2600 acres of, well, nothing.He brought in Dye, Norman, Fazio, and Love to build four golf courses, and we now have 4000 residences between single-family homes, typical 3-level multi-family, and three towers overlooking the waterway.  

There are excellent resources for new users on platforms such as BiggerPockets.Get more information by reading books and taking online courses about real estate.

There are many other factors to consider besides bedroom count and of course you need to research your specific market.

That makes sense of course, and I provide them feedback on expense estimates and rental comps to estimate accurate rents.

.-- Of course.

Hi Nader, thank you for the tip.

Id love to hear anyone else's experience using a VA Loan for a small multifamily property (2-3 units) and any tips on what to avoid or make sure to do!