I was recently advised that BRRR is probably not a food fit for me and flipping could work better.Any thoughts on that? 

Buying a home and renting out rooms, especially in a high-demand area like Virginia Beach/Chesapeake, can be a great strategic move.Your strategy has potential, especially given the housing costs near bases and the benefits of your VA loan.

Looking to acquire (initially) small, 2-4 properties outside of CA; focus on low-tax, high growth markets (e.g.

it’s just weed, long as they paying the rent on time. blaze up. it’s a part of business, i don’t mind it. if it was something else, i would be highly concerned. like you have to vacate concerns. 

Any input on a number you use to create a high level estimate to finish a basement based on square footage?

If your State law allows it, you can ask for 2 month security deposit if you think they may become high risk or you can simple move onto the next application.regarding the mortgage in question and monthly debt payments?

If high, what are lease turns looking like?

Know that houses in that price range are in crappy neighborhoods with typically crappy tenants so you will probably lose money between high maintenance and evictions.

If they do agree to a Cash For Keys arrangement like this I would highly recommend working with an attorney who specializes in landlord/tenant law in Portland to draft the agreement and have all parties sign.Best of luck!

Reason for this drop is just simply high utilization due to a last minute shortage of funds for closing on another property just recently...This person will be able to simply pay down this high utilization that had now crushed his score but in the meantime he still has 3 other properties under contract and he is concerned about this single family deal (other 2 are multi and is rehab).