https://www.va.gov/osdbu/programs/

As a newbie, I'm preparing to purchase my 1st investment property in South Florida (most likely a Buy & Hold which I'll rent out). 

As a newbie, I'm preparing to purchase my 1st investment property in South Florida (most likely a Buy & Hold which I'll rent out).

@Ajeenah WilkinsHi I would honestly save up aggressively while learning for few months to year and take advantage of FHA or 203k or other low down payment options programs and house hack (allow offset mortgage), while buying a house that will allow you to have quick equity (Look up BRRRR) if done correctly.

@Jonathan Ghione yes there’s an up sell to a $50,000 mentor ship program

AlohaWe recently rent to a homeless disabled Vet  through the new  VA Section 8 program and have a good tenant.

My guess is Oakland will add more restrictions, so you should prepare yourself as best you can if you want to maintain your building's value in the shorter term. 

Plus with 1/1's being a lot less stable, prepare for your property manager to eat you alive when replacing tenants.

This could be a sticking point if you try and put it all on them and they push back, if their repairs exceed the deposit does your lease speak toward litigation for damages, are you prepared to go to court?

Its inexpensive and the online program has a lot of features and benefits. www dot rentecdirect dot com