@Jenifer Garcia while these numbers all sound like there's great potential with this property, $50k in rehab can happen quickly!

Anything less than that and I’d risk losing a years worth of income to a bad hot water heater.

We're in western NC right now with our first STR purchase, but I'm looking for properties with MTR potential.

Bigger risk, bigger reward - but only from a Cash flow perspective.Typically as Sebastian said these are D class or C class at best.While you might be getting a better return on cash flow you are not investing, you are buying a business.

Try looking into zillow/Redfin and see what your potential rents you can get near the neighborhood by filtering the bedrooms/bathrooms of the intentional property that you are planning to buy.

I like to call yellow letter senders to network with whoever is sending them out, and potentially get on their buyers list, but this one wont even get that call.

I do know that this is not something I would bring before a Pennsylvania magisterial district judge and risk getting laughed out of court by a legal system I might have to go to again with a real problem.

I would greatly appreciate insights into how this scenario impacts the original borrower's VA loan entitlement and any potential solutions or considerations I should be aware of in proceeding with this transaction.

Investment Strategy:Buy and HoldInvesting herebecause: Potential to Appreciate in Long Term (10yrs+), want to build NetWorth, Affordable in my budgetYear 1 Evaluation: Gross Monthly Rental Income = $2,042.50 Monthly Cashflow = -$76.05 GRM = 12.79 Cap Rate = 5.12% CoC ROI = -1.11%Hoping that theinterest rates go down so that the monthly cashflow becomes +ve.

For better limited liability protection, incorporation may be more tempting, particularly if management activities expose you to greater risks, such as litigation involving employees.