Nothing was up to the new 2020 codes when we started renovating last year.

Why do you think purchase contracts are so long and have such small print?

. - Strict local regulations can also sometimes increase compliance-related maintenance costsCost-saving strategies I've seen help:- Preventative maintenance programs can help reduce overall costs obviously - Some investors report success with in-house maintenance teams for larger portfolios- Energy-efficient upgrades can help reduce utility costs in the long runYour specific costs will depend on factors like the age and condition of your properties, your management style, and the specific neighborhoods you're invested in, but hope this helps!

Last week saw a 704 FICO score for an applicant with only 1 tradeline with just 7 months of activity.

Examine the terms of financing. for keeping a rental property as opposed to selling, and take long-term investing objectives into account.

It was under my metric but the property was right next door to another property I own so I figured certain maintenance issues could be lumped together for economies of scale making it a better deal in the long run.

Yes you can as long as your father will live in the home as his primary residence and you put enough down to cover your portion of the loan that VA will not guarantee.Here are the VA guidelines for calculating the down payment.VA calculates the guaranty as described in the table below.Step Action1 Divide the total loan amount by the number of borrowers.2 Multiply the result by the number of veteran-borrowers who will beusing entitlement on the loan.There is usually only one veteran borrower, in which case the resultof this Step is the same as the result of Step 1.3 Calculate the maximum potential guaranty on the portion of the loanarrived at in Step 2 (as if that portion was the total loan).Use the maximum guaranty table in section 4 of chapter 3 of thishandbook.4 VA will guarantee the lesser of:• the maximum potential guaranty amount arrived at in Step 3, or• the combined available entitlement of all veteran-borrowers.5 VA makes a charge to the veteran-borrower’s available entitlementin the amount of the guaranty.If more than one veteran is involved, VA divides the entitlementcharge equally between them if possible.

I recently closed my first conventionally funded investment property in Milwaukee, so currently I don’t have the funds to just run a conventional loan “house hack”.I have submitted pre approval requests to 4-5 VA loan-friendly lenders and each one is denied for the same reason as the last...

And what's the long term vision: Is this 1 house or you plan on building out a portfolio?

They have been long-term tenants, and the prior landlord was apparently chasing the rent quite a bit.