I don't want potential expense and delay ~ and the VA may take issue if I'm not living there within 2 months.Your thoughts ?

If I can do that and break even on rent every month, I'm good. 100% you can do that here with us as we effectively do the BRRR method with senior living. must be accredited and love mailbox money. 3 classes with 3 pref amounts based plus a unit based equity kicker that acts like a private credit model. happy to talk offline further. sorry for late reply, need to update my notification settings as I didn't see any of these comments til I just logged back in.  

With that said, I'm thinking about buying a condo in uptown, live there for a year or two and repeat the process.

Quote from @Cody Jiosa: So, we live in Oregon and have been finding super good deals but for one reason or another we always seem to hit a wall, whether it be not enough capital to fund the fix and flip loan, Or the deals that would work, get swept up too fast, and a few other inconveniences.

If you're able to, house hacking is one of the best ways to start, getting a loan in your name so you get the lower interest rate, live in the property, and rent out the extra rooms.

It led to us moving here 5 years ago (also from California), and also the property has performed outstanding (we actually kept it as investment and bought a different home to live in).  

Quote from @Kevin Carpenter: In a co-living scenario would renters insurance also be a good idea ?   

Quote from @Adrian Dryden: I would suggest you pick 3-5 markets that you have either been to, used to live in, have family in, would like to visit in the future, or have heard a lot of investors having success in.

Currently, I live in Encinitas, CA but plan on relocating to Santa Fe to stand this investment property up and work through renovations, etc.I'd be incredibly interested and grateful for your insights into the Santa Fe market.  

Rentals- LTR: 12+ months- MTR: 30+ days- STR: < 30 daysRental Property Plans: BRRRR: Buy, Renovate, Rent, Refinance, RepeatHouse Hack: live in property while repairingProperty Class: A: Tenants with 680+ FICO scoresB: Tenants with 620-680 FICO scoresC: Tenants with 560-620 FICO scoresD: Tenants with < 560 FICO scoresOther: ____________Property Type:SFRSmall MFR (2-4 units)Medium MFR (5-20 units)MFR 20+ unitsFinances: Cash: $_____Mortgage Pre-Approved Amount?