VA can do multifamily as long as you are living there as well, but there are some other restrictions.

Regular inspections for any signs of wear, cracks, or water damage are advisable to maintain the facade's integrity.Parking and Access: The covered parking area is a significant advantage for tenants, but ensures the area is well-lit and secure to prevent any potential safety issues.Interior Features:Layout: The open floor plan with large windows ensures ample natural light, which is appealing to tenants.

We don't offer HELOCs on investment property because of the risk, rates would be well above 10% if not higher. 

Well that’s disappointing owning a STR on an island is one of my LTR Goals and Barcelona was on my short list.

Hi JohnYes, that's what I'm thinking- was hoping there might be a way to tap the equity in the church with a renovation loan, but not having much luck there. 12 percent is pretty well exactly what I'm looking at- debating whether less risky to just cash flow it slowly over time?

Well.... we should be doing annual inspections anyways.

An investor that doesn't know how to manage property well is only compounding problems by adding more properties. 

Is that because well water is generally harder on the filter mechanics?

Beach front is rare and has appreciated well for 50 years and likely will be appreciating well 50 years from now.Good luck

And for extra context, rent increase is from $900 per month to $1000 per month (still $200 below the market, and probably more considering all utilities are included).Rent Increase Letter (Due to Below Market Value) TemplateDear [Tenant's Name],I hope this letter finds you well.