Excited to get started investing in the Cincinnati area, I am looking to do the same buy and hold either BRRRR or a property that will qualify for conventional financing.

Also, if you pay the card off before the statement closes each month, or pay it down to the 25-50$ balance, the interest charge will be next to nothing.

Each market has a cap on the amount of rent that it can reasonably charge.

So Heather,If we work these numbers backwards, use $800 rents and  use conventional financing I'm currently getting through a credit union, which may not be what you get.

I don't think we can get a conventional mortgage for this one.

Some of the thoughts are not practical - but lead to a certain way of thinking, of questioning things, of not necessarily accepting conventional wisdom or "the way things are".I often hear that "you cannot benefit from your IRA, nor can you benefit it". 

A good lawyer will not charge very much for that and will even transfer it properly for you.

I actually under charged them for rent but it came out to where we split PITI and bills 3 ways and I still gained all the equity and tax benefits of home ownership.

You can always do a low down payment conventional loan, and do a lump sum recast later on to bring down your payment later if you want.

@David SmithYou’re not able to refinance your current VA loan into a conventional and free up the VA Loan again?