Say if I have $5,000 to work with, is it possible I can get an Airbnb and if so how ?

Let's say you want to stay conservative and only take 50% LTV, or $500,000.00, so that you don't have to sell anything in case of a market correction and there's a margin call.Step 2:  Purchase a rental property, all-cash, with that $500,000. 

So let's say we buy a SFH or a duplex for $125,000 putting 20% down.

So, on a 540K loan,  the VA funding fee on IRRRL is .5% or 2700, escrow would likely be 3000-4000, whatever county taxes, maybe the finance company charges underwriting and processing maybe 1000-2000, and other fees you might have to pay ~1K.

So if your flooring is So if your flooring is light Oak, and the rest of your kitchen is white your backsplash can implement some light, beige and gold colors. 

I'm looking mostly for if I buy a 4-unit quadplex (example, or Triplex), how to calculate NOI, Monthly Cash Flow, Rehab, Cap Rate, Cash-on-Cash, etc.For example, whenever I find a property on Crexi, Loopnet, MLS, etc. the NOI sounds good but when you factor in mortgage to get the cash flow, it's almost always negative.I also don't know how to properly calculate a rehab to see ARV so that may be the other issue.

So there is that..

Thanks so much! 

Use the top three or four discriminators so applicants can screen themselves.Then you need to have clear screening criteria yourself.

That will cover much of the issue and any remaining visible holes from the tack strip will be so close to the molding that it probably won't be noticeable from a standing position.