-Current VA loan Usage -Down payment available -not sure what to do… -East of Reno I have the major steps down but I don’t know where to start or how to execute them, have draft rental agreements, home not available to rent for a few months but I have cash to put on down payment for something else but don’t know if I should or dump it into the house for backyard remodel and paying mortgage early to refinance when rates are better to get better profit/cash flow.

Regardless of what strangers on the internet with something to sell will tell you, cash flow/income from real estate in the first few years is kind of a myth unless you pay cash for a property or have a well executed short term rental or rent by the room property.

I've new to the industry coming from a background in the hospitality industry as an Executive Chef for over 20 years.

When you sell your investment property and execute a 1031 exchange, your suspended passive activity losses (deferred under the $150,000 AGI limitation) generally remain suspended because the activity is not considered fully disposed of in a taxable transaction, the losses continue to carry forward into the replacement property.

🎉 Those seller-finance terms are solid, especially with interest-only for 10 years, which gives you plenty of breathing room to execute the value-add play.The rent spread you pointed out ($9.62 → ~$14.50) is a huge upside.

The only question is not on ones ability to achieve it but if they will put in the work, follow the plan, execute on the steps required to achieve this end. 

Yes, they took a little longer due to slower demand, but they were flawless.

Since you’re offshore, ease of execution matters, and Tampa often moves smoother on permitting.

OPAdd value to your post   What execution or due diligence was missed?

I think speed and certainty of execution combined with a competitive rate is the best path.