A veteran can buy a primary residence, and (at least 210 days later) buy another primary residence and relocate without selling the first.

Also, I think it's good practice to not go for the absolute max the bank is willing to lend which will help you to not be over leveraged.

It is best practice to incorporate repairs into your underwriting.4.

Make sure you analyze the numbers well by practicing on example properties in your market.

You also need to check with the utility companies and get cost estimates from them for availability, fees, hookup charges, transformer and power line/power pole locations or relocation requirements, water, sewer, gas, cable etcThis is just a quick high level overview f the process but will give you some things to think about and a good starting point.

Daily deal analysis practice #6Purchase price: 295k (25k above list)Cash needed: 67k20% downBuy and hold sfh5% Capex7% Vacancy 5% Maintenance 10% Property Management CoCr: 7.94% (12.19% if self managed)Cash flow: $443 ($680 if self managed)I would probably move forward with this one.

You also need to check with the utility companies and get cost estimates from them for availability, fees, hookup charges, transformer and power line/power pole locations or relocation requirements, water, sewer, gas, cable etc.This is just a quick high level overview f the process but will give you some things to think about and a good starting point. 

Meredith:I'm only licensed to practice law in your state of Minnesota, so keep that piece in mind. 

You also need to check with the utility companies and get cost estimates from them for availability, fees, hookup charges, transformer and power line/power pole locations or relocation requirements, water, sewer, gas, cable etcThis is just a quick high level overview of the process but will give you some things to think about and a good starting point.

It can be closed off from the rest of the house, but the laundry would have to be relocated.