So, your strategy of a downstroke and then payouts over time make sense.Obviously, the seller would like 100% cash upfront, but those days are gone! 

If they say no, we ask why, and occasionally, we can sway them if there had been a misunderstanding—for example, a lingering maintenance issue that hasn’t been addressed and they didn’t bother to call about.We don’t have time for a deep dive on lease renewals, but it’s definitely worth picking up a copy of Jeffrey Taylor’s The Landlord’s Survival Guide, which has all sorts of tips on getting tenants to renew.

If the latter, then no it is unlikely you will be able to live off the rent because the expenses of carrying the house are so high. 

So you net $300/month.A property manager is usually going to charge 8-10%.  

Learn how they work now so when the opportunity presents itself, you're ready and know what is available and how to use them 4.

I am also a real estate agent and I was wondering if there are any associations or something similar that I could join to become a real estate agent specializing in VA Loans so I can help my fellow vets. 

But because of rising interest rates, none of the BRRRRs have made financial sense so far.

From time to time, I consider selling a property and ask my CPA what he has as the cost basis so I can understand the tax ramifications. 

I believe in the power of community and am excited to learn from those who have already walked this path.

Hey @Ben Downard , I'm so sorry that happened to you.