After listening to BP for a while, I'm trying to start out my financial journey with house hacking and eventually grow my real estate portfolio!

Gross rent is $1750 for all three units, and it has an unfinished basement that is plumbed and can eventually be converted to a fourth unit.

The 2nd set is a sublease and optioning the option to buy.The SOL is better because it makes you money where as the straight LO just costs you money.The money is made in the spreads between:1 - The cost of rent to you and the what you then rent that property to someone else for.2 - The same with the Option Fee3 - The same with (eventually) the option prices to buy.

On Thursday (the day before New Years Eve), they told us they realized it was a house converted into units and said that while they will finance to us, they won't finance to us on that property.

This would give me the opportunity to eventually rent this house out and buy a new primary residence using my VA loan (I would not have enough to use my VA loan entitlement for two homes).

HML are big on reliable investors with good track records, so as you do more deals and build your track record (preferably with the same ones), you might eventually be able to get close to 100% financing.  

You can start with 1 property a year for 2 years or so, and eventually that can become 2 properties a year in year 3, then 3 properties in year 4, and so on. 

A well qualified applicant was turned down by the owner because the applicant had one child.The agent, to get around the legalities, changed the listing to a one bedroom and eventually rented the apartment to a single person.Did the agent break the law?

Help enough people get what they want and eventually you'll get what you want.

Eventually when in FL we would like to be set with our primary and 2+ income properties Looking for direction / possibly someone to work with on how to make this best work for us amd not the tax man.