For us it's more about whether we'd be financially better off spending a little more monthly to rent but having that $100,000 + liquid and free to buy distressed properties for rehabbing and flippingorPutting that $100,000+ into the purchase of a nice, modest, relatively move in ready house for us to live in, having no mortgage (only taxes and insurance) and then opening a HELOC, which we'd use, combined with our dual W2 income that we're now not spending on mortgage payments, to buy distressed properties for rehabbing and flipping. 

On you GI bill, it's correct that you can't necessarily use that as stable income. you can use the $600 a month disability income though combined with the current rents on the property you're interested in buying. it's not much, but better than nothing.

Btw, your website is very cool and modern@Leo B.

When a NNN lease is combined with a single national credit tenant, the investor can be assured of a management free property with minimal risk.

It wasn't cool exactly, and in the modern age I guess you couldn't say weird anymore either.  

I think it was a combination of both spending too much for Contractor and level of materials.  

A modern, direct-vented, condensing hot-water heater will have an annual fuel utilization efficiency (AFUE) rating  >90.   

This could be a separate unit by itself but we're told it makes more sense to combine w/ 1st floor unit and create a duplex- Don't know complete layout of property but have been told that 2nd and 3rd are already a unit (a large one).  

(good Debt)  You will have a wicked combination for wealth Generation.  

Try to find a bank to do a small portfolio commercial grade loan (5 units combined) for an equity out refinance.Pro's: - Potentially the highest loan dollars due to a commercial loan basing the LTV off NOICon's:- Probably the highest interest rate due to small commercial loan (current loan interest on the properties is at 3.25%- 3.5%); difficulty in finding a willing lender; generally non-self amortizing terms meaning I have to refinance in 5 or 10 years; higher closing costs; couples the properties together, makes exit strategies a little more limited2.