With an assumable VA Loan you are taking the loan exactly as it sits, and covering the difference in cash, or through a second position loan option in order to purchase (which includes equity spread + closing costs)... so that may limit your options. 

This strategic move could not only enhance your portfolio but also provide you with the financial cushion you're seeking, allowing for greater flexibility and potential for growth.If you're contemplating selling, I'd be more than happy to provide you with a comprehensive market analysis and guide you through the selling process to ensure you maximize your investment.

Upon discovering the mold, I've taken proactive measures to prevent its spread.

Happy to trade notes with anyone on these topics.

On our personal Single Family investment homes we are able to barely cashflow with the higher rates with new acquisitions (we use commercial loans so our rates are prime +1%), but happy with with capturing some good equity on the purchase.

hey Danielle thanks for responding, so i looked up the zoning for the area where the property is and it came back as residential high density which i believe is what i am looking forso is that based off 1 unit/ per a certain amount of space such as a half an acre or less I'm happy to know some one has done the conversion, the illegal apartments seem like lawsuits waiting to happen

Of course you would have to be happy spending year-round living an “off-peak-season” lifestyle.

Would love to connect we do a bunch of REI happy hours in Denver. 

Have a happy new year. 

If this leaves you with a profit you are happy with over the x time it takes you to fix and flip the property, it is a good deal.