Also if you have a story let me hear it, your story can draw the best out of people.

With the possibility of adding a setback or even a 3rd story the ARV you have tons of room on the spread to make a killer return.

Please share any specific stories you have about using the VA loan to house hack, and anything you thought you did well or could have done better.7.

Please share any specific stories you have about using the VA loan to house hack, and anything you thought you did well or could have done better.7.

Same story in Hawaii or any other location where land is scarce.

I'm hearing mixed stories whether this type of real estate investment is considered a passive rental or a hospitality business.

A solid PM is worth their weight in gold, and myself, owning investments remotely for 17+ years, I have some real horror stories to share.

Along with rent collection issues and of course the 5 to 10k cash back was to be used for reserves.. but 90% of the buyers never thought about reserves and the next thing you know they bought a new Jet ski or car or took a trip.. so that left a lot of very week landlords going into the GFC and well you know the rest of the story foreclosures by the thousands in Detroit investors failing.. double whammy  underwater on mortgage inadequate reserves.

Sadly, I started late and I don't even have seven figures of net worth...yet.Best of luck to you, and welcome to the BP forums.

So here's the story...