There are so many opportunities to do that here in Detroit and I know the area I would love to do it in.My challenge is getting a mortgage when the house is not in perfect condition. 

The goal is to pile up enough cash to buy large value-add multi-family, storage units, mobile home parks, not exactly sure yet. 

@Joseph Lucas Jr You’re doing exactly the right things in the right order.

If the property conditions are 👌as poster says.

Locations may be different so don't use my exact numbers as absolute, but it seems to work well to say the extra or lack of space with same rooms is worth 25% of the $/sqft.

My initial plan was to house hack with my va loan; however, this is looking like a great deal if I could get it for an ideal price (it has been on the market for over 2 mos and I just received word that the condition is considered "poor" as there haven't been any upgrades in a decade and it's looking to be in a B-/C area...so I'm hoping to knock the price down significantly...any advice on this would be appreciated as well!).

Simply say these magical words: "Okay officer, which sign and where is it exactly located, I will take it off immediately!"

I wanted to know how exactly does this process break-down compared to conventional mortgages (using SOFI)?

What exactly does it do to my LLC and what are the differences as far as taxes between a sole proprietorship, a corporation, and a small business corporation?

I get it, minimal spend for maximum appraisal.Should I be working with my own appraiser to target exactly what we should do to increase the value.