If all major components in the property are new (or recently replaced/upgraded) and you don't have to worry about them for a few years, then not as big of a deal and you can building up the rainy day fund.

Of course majority of lenders that provide VA loans does not have a time-frame on how long you have to occupy the home.

Last month I had major needing to evict tenants and do a major cleanup and fix several items after they trashed my place in less then 2 years.

I use a marketing strategy that puts properties across the MLS and all major channels, including social media, craigslist, and the usual Zillow / Trulia etc.

It also concerns me that the majority of your STR market is golfers, I am looking for something that has the potential for year round rental potential.

There is always a major catastrophe in her life.

@Brian Dvorak Hey Brian I'm looking at a burned house in my area and was wondering what major factors do you consider when you flip burnt properties?

Well worth the cost and effort.Going from 5 to 20 properties would be a major move.

You are better off analyzing the remaining life of major Capex components like roof, windows, plumbing, furnace, AC and have a reserve fund set aside as part of acquisition cost.

I shoot for no more than 1 month rent as a reasonable goal for a standard turn unless I also do a major update like all new floors or new windows, etc.