I'd make sure that your property manager can do quick evictions, they don't cost too much and that you can talk to other investors that have been happy with their tenant placement. 

Usually the rate is based on what the prevailing interest rate is in the market for a safe investment often the number used is 10 year US government bonds. 

I work in a sometimes dangerous service job and I do my best to be careful and stay safe, however I would never sign away my workers comp and disability rights just in case something ever did happen, I guess I look at this the same way

If they are professional, they can explain this quickly and easily.

As long as you can show there is enough profit for you to pay the loan back and/or provide them with a cut of the return you should be good to go.The flip budget is the biggest thing to tackle because if you are off more than a little it can quickly take you from the black to the red.  

Current lot rents are about 10% below market so a small increase can be realized quickly.

Lot of it has do with intent, I think ppl use a year as a safe guideline, but if you're going to be there for at least nine months, but potentially beyond and you really don't have a definitive end date, I don't think using a VA loan would be acting in bad faith.

@Bill Werkheiser It's just a quick napkin math way to estimate the expenses on a multifamily property.

I'm looking for your quick input -- would you go for this one?

From what I understand, I need to be in a place that’s safe, with good schools, good neighborhood, etc.a.