I purchased property #1 in May of 2020. 

I'm just telling him he's underutilizing his site by going one story and if he plans to exit he should plan around what an institutional level self storage purchaser will want. development is about exit or ability to exit and risk. in multifamily we build or try to build at least 150 units. not 40 or 60 or 80 there's no buyers.

It does not seem to, but a couple properties have significant amounts owed to an individual through an Assignment of Rents document and I just want to get another set of eyes on this to make sure I'm interpreting this correctly.The deed conveys title to the purchaser free of all encumbrances of any kind existing before the sale, except:(a) Any lien for installments of taxes and special assessments, that installments will become payable upon the secured roll after the time of the sale.

The owner of the property is a relative, who purchased the property (condo in Miami) for $200K in 2014.

Short story, I recently purchase an investment property. 

Credit limits are based on past purchase history.

To my understanding the VA only cares that the initial person that purchased the property had the intent to live there and make the home their primary.

I had it done on a recent house purchase and it was worth every penny. 

Your investment journey can be expedited and living expenditures can be compensated by generating rental income from the purchase of a great home in a prime location close to necessary facilities.

Before moving forward with the purchase, find out EXACTLY what is wrong with the roof.