Sweet.Secondly, the OP's property is in a low-rent neighborhood, so the pool of applicants will likely be more in line with C/D properties than A/B properties.

If you're self-employed, the Solo 401k will provide many benefits over a self-directed IRA: Compared to an IRA, Solo 401k contributions limits are roughly ten times higher.There is no custodial requirement for the 401k.You don't need the additional expense and administration of an LLC to have checkbook control.There is a built in-Roth component whereas IRAs are either traditional or Roth, not both.A spouse can also participate in the same Solo 401k plan.The Solo 401k has additional tax benefits over an IRA when investing into real estate using leverage.The penalties for prohibited transactions are less severe, though it's best not to utilize this benefit :)

When i call back later, when im available, i always apologize and say i was doing a walk through or looking at another property lol @Nzinga Augustoi personally wouldnt do #1 or #2 for a couple reasons, Lets say you get a call at 830 Am and the VA sends you the info......you cant call until after 5 anyway.......same thing your voicemail would do...........also, i would keep your costs low until youre getting consistent deals.......just my opinion. 

Which is better if you want to use the low down payment method potentially repeatedly?

But, that sounds a high-risk low-reward behaviour.

I’m not an expert of the area by any means however I looked at several properties in the area and the two big takeaways for me we’re 1. the rents-to-purchase ratio are fairly low and 2. you’ll likely be dealing with large, older families.

Lenders are saying our income is too low.

Lenders are saying our income is too low.

You can get a loan for slightly cheaper depending on your credit score and LTV that you are looking for Ive seen as low as the high 5's to mid 6's on the interest rate 

You can try to justify a low offer all you want, but chances are somebody else will come by and pay what they are asking.