Newport is a great town, but a very unique market.The desirable parts of Newport can be expensive, and are generally above the max VA loan amount.

I tried to make the numbers as close to yours as I could but my spreadsheet uses percentages in some places that you noted dollar amounts.

It helps if you've already done business with them.A more common way to get this done would be to find two partners and the three of you each put in $125k in equity.Also, you don't mention if the property needs rehab but one thing to keep in mind, my experience is that your capital required to complete a large deal is not equal to the amount of the down payment.Even if the property is in pristine condition, you need more money for third-party reports, professional fees and working capital.

The amount of truth and information in this post was great!

There’s a fair amount of machine shops in the Mesa area.

A majority of the posts on BP revolve around small amounts of cash flow and the precise execution needed to achieve it. 

He would give me a 5k discount if I paid in cash, but I don't have the amount of cash he's asking (120k versus 125k if I were to finance).

In my experience many banks dont want to offer a 30 year loan on a property where the loan amount is under $60k.  

Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bpThe second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.

To answer your questions:We have an algorithm so we can run addresses and offer a certain amount above your listed rent every month, guaranteed.We have a waitlist of long-term tenants who want to rent with us and get guaranteed discounted rent for managing the Airbnb.We can work with any type of property for the Loftium Lease, and we always combine a long-term tenant with Airbnb guests so there's always an onsite host.