Samantha Reeves,Thank you again for your replyHopefully if I run into this " Problem " with the property requiring $3,000 in repairs completed in order for it t pas the VA Loan standards , my Lender will o an Escrow  Holdback .But either way ( if I understand it correctly ) ...... whether I use an Escrow Hold Back or not, I will have to ay for the repairs out of my Own pocket, UNLESS the seller will pay for them ?

As you pointed out those terms would need to be favorable to them.Could you please go into the owner financing approach?

Hello,I recently closed on a BFD deal and looking for direction on correctly setting up journal entries, to make it easy at tax time.In a nutshell...We hold a mortgage on the property with a principal of $150k, 4.25%, 30yr amort (liability)The BFD sale price was $300k, with a $45 downpayment, $255k financed at 5.5%, 25yr amort, 3yr balloon (asset).All transactions are run through an escrow agent, and we just collect the net difference monthly (~$325 or so).   

I don't have a preference for age in terms working with other folks but young can be good from an energy, optimism and having enough time to put in the extra hours when needed (usually a younger person is not going to have a spouse, 2-3 kids and a bunch of other responsibilities).

I am assessing investing in Middle Tennessee for long term rentals and would love your thoughts on where the hotspots are likely to be over the next couple of years.

You are doing all the right things right now in terms of gathering great information.

We’ve been searching for a couple of months now, but we are facing challenges.It seems that everything on the market is being snapped up within less than a week by more experienced investors who can offer better terms.

And of course a great BRRR lender who can fund on time every time. in my business I only work with experienced BRRR folks and as such I become a capital partner and allow them to scale with very minimum amount of capital and they dont make monthly payments. this is huge its the up front costs that usually hold folks back from scaling. so if they find someone like me then they can 10X what they are doing..

Cash will be getting progressively tied up in debt funds, small cap growth opportunities, international investing,  basic S&P and some held for a short-term debt basis to enter CRE. 

And or course, short term loan for HELOC and then refinance later.