First they bought the $24,000 in training and then spent another $6,000 on a Nevada LLC, which in my opinion is a waste of time.

I have an interesting scenario with a business and the real estate that it’s using and I’d like to get your opinion!

Also, it's my opinion that if the company provides in-house property management services, that is another way they hold themselves accountable.

@Bruny C. if you would like some more data or another opinion give us the actual value of the property and your amount of the current mortgage. 

If your best case scenario is 100/door with only 5% vacancy and no PM fees/variance/cash reserves being funded monthly, there’s a high likelihood you’ll be in the red in my opinion based on the info provided.

But thats just my opinion.

The VA loan is powerful - no money down and no PMI - can be split across properties - caps out in the Springs around 495k I'm sure California is higher - there is a funding fee that increases up to your third time using the loan but in my opinion it's still a better deal because your interest rates are typically .15 -.50 lower so you make up the money in the longer run - If you are a disabled vet more than 10% your funding fee gets waved.

The other upside is the rent is a little low in my opinion and I would remove 3/4 tenants. the rent is 450, 425,425 and 375.

The benefit to having specialty contractors is two fold in my opinion.

My question to the community is what is your opinion on the highest & best use of this property?