Hey @Bryan Wilson I think this is a good discussion, and one that is definitely beneficial to new investors who ask me this question pretty regularly. 

feel stupid here but I cannot even find the Pros Files area. unless it's just the regular Files area. 

I'm a bit of a broken record trying to get some of my investors (and regular buyers) to look at homes with a basement apartment or carriage house.

In my line of work we look for things that will need to be replaced in business or property regularly so I was curious on how you viewed that expense.

I do have to say they probably gave me a much harder time on the inspections than regular GC's would have had.    

Track all of the expenses and income that you are responsible for in some sort of report that you can review regularly with people you trust and try to reduce expenses and increase income.  

They avoid taxes, avoid health care expense, avoid insurance, avoid workman's comp and by doing so they undercut someone else who is following the law.

They could rent out an investment property to a regular tenant but they wouldn't be guaranteed 100% vacancy and a responsible party to look after the property. 

The VA doesn't have a particular time frame printed in any of their directives, but if you try to use your entitlement again, before 1 year, chances are they will look at you extra hard; you would need to have a pretty good reason (new family member, significant change in health, relocation to completely new area).  

Currently looking for CARPENTERS, ELECTRICIANS, PLUMBERS, ROOFERS, DEMOLITION MEN, WROUGHT IRON WELDERS, TUCK POINTING / SIDING, PAINTERS, GRANITE, CONCRETE, IN GROUND POOL PERSON, CLEANING/DETAILING PERSON, ROOFERS (regular and wood) and possibly some others I'm missing.