Analysis:Rental of Other Property Not Securing the VA Loan Rental income verified as stable and reliable may be included in effective income.If there is little or no prior rental history onthe property, make a determination based on review of: documentation of the applicant’s prior experience managing rental units or other background involving both property maintenance and rental any leases on the property, and the strength of the local rental market.

Is it common for the buyers agent to charge a fee to the buyers?

If it is a master planned community with a large common areas (perhaps a pool) and extensive landscaping could also be in that category.   

So 2820/(%15 down + some closing costs) (7350+1000)=33% cash on cash return, so 3 years I would get my money back.opinion- less capital to put in, more money at the end if more stuff goes wrong, but 1 house and will have to wait longer to get the third property. if tenant moves out I can rent out rooms for college kids even if its 400 a room for the 3 bed. thats 1200 which makes it better deal. would be less stress to manage, but dont have any recent maintenance on this place yet. 

Manager handles the common area lawn and snow shoveling. 

Neil,A couple questions to clarify the situationDoes your Townhouse share a common wall with the other property? 

My girlfriend and I came across a duplex built in 1959 to rent and we were wondering what investors typically set aside for future maintenance and capex on properties that are almost 60 years old.

Maybe as a tenant in common.

For the floors, I'm thinking about vinyl in the kitchen and bathrooms, laminate in the living rooms and common areas and carpet in the bedrooms and on the steps. 

Slight deferred maintenance.