Just has bad news bears written all over it .

Also bear in mind that your second and all subsequent VA loans cost more than the first.

And the price he bought it at in 2002 has no bearing whatseover on the value today.

@Padam NeopaneThe tenant exiting has no bearing on your arrangement with your PM.  

I have some capital saved up for it too depending on the area.Thank you for bearing with me so far :) My questions are:1) Any books or podcasts you would recommend for getting into multifamily?

I invited a structural engineer to the property who told me there is no structural issues with the house and the wall that runs along the hall is not a load bearing wall but to extend the living room, dining room, kitchen and bedrooms into that space would require at least 3 foundation footings, a foundation beam and a 1 hour firewall to be built.

Bear in mind we are entering a bit of a slow season as the 3rd quarter was at 19 days for powers area and 28 days for El Paso County.

I am seeking advice on how to go about renting out my current home in the west side of Houston, Texas (Bear Creek area). 

Also bear in mind that if you've been taking the depreciation deduction on your rental, then your tax basis is reduced by that amount.

The July 4 weekend has no bearing on the July 1 close date - you should have already been the proud owner of the 4-plex.Your financing contingency date should have been around June 23 - June 27, meaning that was the date you had to be approved by your lender.