I would do it myself but I have a career I love.

You can go back and forth between the two- first single-then young kids and dependent spouse- then kids out of house and spouse with career- then old coots who just want to play with the grand kids or deal with a serious illness .

Vinyl plank is what is going in most new luxury apartment communities in the area and is more than suitable for the Woonsocket market. 

Thanks Ali... have you done any rent by room rental strategies in your career PROS To Investing In Rough Areas am i missing anything here:1 get higher rental income for apartment rentals 2 will be able to pay mtg off sooner and do upgrades to increase property value 3  if i go with rent by room strategy will make even higher income that can be used to buy another property, go on more vacations and enjoy my retirement Am I Missing Any Risk Factors:1 I will buy with VA LOAN will put myself, safety at higher risk by living there for 1 year 2 MF property value may remain flat no appreciation - will just cash flow3 harder to find a PM company to manage in rough areas4 if i find good PM co. to handle PM they may fail at mgt, or quit leaving headaches to ME 5 harder to sell property if I decide to sell because of headaches managing it or whatever6 will be specializing in rent by the room strategy whether in rough area or not so rough area concern about how this strategy will work for me

Rinse and repeat for every tenant for the rest of your career. 

So this friend of mine is in his late 30s, and has another 30 yrs of career left ahead of him before he wants to retire.  

(If you are doing a HML you will have to pay some loan points and depending on the terms if you are using a PML you also might have loan points)What about the closing costs when buying the property it seems you left those out, but correct me if I am wrong but for the price of the home you are buying and selling 20k for both the purchase and sale of the home seems a bit lowAs for your rehab budget, I would say you are almost on the money I would say 85k is a good budget to go by which is about $40 per sqft plus extra for that roof and possibly some pest controlAs for your realtor giving you the ARV of 600k, I would ask how she/he got that number and ask for her/him to send you the comps she/he got so you can make sure they are suitable comps.

I had that a few times happen to me early in my career that people would book meetings with me, basically get free personal REI coaching, we looked at several properties and then they end up making an offer directly with the listing agent.

Hey all, I am new to the Bigger Pockets community and am reaching out to ask, What should be my first steps to begin my real estate career?

The simple answer is to start posting apartment for rent to find a suitable replacement immediately.