It sounds like a classic risk/reward issue, not like an "open-shut" case as depicted from all my research I've been doing so far.I'm trying to realize if I'm missing something here, will appreciate your inputs.Please forgive me if this question seems trivial, I tried looking up the answer prior to this post but most of the cases I've seen spoke about different cases (low initial liquid assets / high cash-flow properties + snowballing / etc)Thanks

I called Louisville Water Co. and they confirmed the start and end readings were "verified", but I don't know what that means.

Looks like HUD might be looking to make Section 8 and Housing Vouchers less difficult to accept by initiating listening sessions across the country. 

So while it would suck for me, it doesn't mess up the initial reasons I bought it in the first place. 

I did the deal analysis for a hold, which is my advice, and the numbers look good (please verify that for me, BP family). 

It seems like once a month I get a phone call from someone wanting to verify if I'm posting my properties somewhere (even on VRBO), I have had a few prospective tenants that lost their money due to being scammed. 

I'm looking for the standard qualifications: 2 1/2 times the rent with verifiable income, 600 credit, no felonies, evictions.The neighborhood is a C to C-. 

I’m sure there are other things I’m forgetting at the moment.We have some cash on hand and a soft offer from an investor, though it won’t be enough to purchase the house, it will cover furniture, lawyers, inspections, and other initial setup costs.

Initially it seemed using the FHA for my first buy and VA for the second seemed like a good idea but with the PMI and other fee's associated your suggestion of going VA is what I will very likely use.

While capex will initially be low, you will still need to save for future issues.