If you’re interested in assuming a VA loan, you will be required to purchase the home in your name and have enough cash to cover the seller’s equity in the home.

For an investment property (purchased as an owner occupant), that is insane. 

I wouldnt give any consideration to what the seller needs in order to break even in determining the purchase price.

@Preet Oberoi Purchasing a short-term rental (STR) or tiny home to offset W-2 income with depreciation can be effective if structured correctly.

The only two ways to rectify this are (1) purchase the property far below market price or (2) significantly increase the property net income usually through some method of “repositioning”. 

There is another location I found after we had purchased this.  

We've never used percentage-based criteria, like the 70% Rule, for purchases.

I frequently hear that someone purchased a new property because their real estate agent told them they could get X amount for rent, when in fact, the market comps don't support that amount.

I currrntly own a home and am renting it out, I am working on purchasing a duplex.

Once I was deployed on a submarine in the North Atlantic and they helped my wife with a 1031 exchange on the sale of a home and purchase of 2 other properties.