Are you buying something with potential to improve performance or something stabilized?

I find distressed properties with good bones, rehab them for top rents.My challenge is the valuation of the property is still performed as a small mf (1-4 units) so the neighborhood Comps dictate valuation more than my improvements or the rent rate.I started to wonder how valuation was done for a portfolio of properties.  

If your second property fails and you had to foreclose, it could impact the performance of the first property, as well.I recommend leaving at least 30% equity in your properties.

While the work can be done by someone with little experience, it should really be done by a professional for best performance.

Sounds like your moving forward to taking action but keep eliminating the barriers and own the fact you will mess up and learn but that’s the beauty of becoming a better investor....good luck!

I performed a separate analysis using the VA loan, but I would still be in the negative (i took out the repair costs as I would not be able to do repairs).V/R, 

I know this is a vague question with some assumptions (specifically about the underwriting requirements of the loan), but I want to confirm that my logic is correct and if anyone has performed a similar strategy. 

Agree on the price per scope of work, and allow for extra pay when extra work is performed. 

"Why does it seem like a scam, have you had others fail to perform in the past?

Lastly, I am in the process of getting my brokers license so I can perform property management services for my clients in addition to my own portfolio.