Using VA for investment property?

[Michelle Gomez]

Hey guys! 

So not sure if this is in a current thread but my parents are looking to retire soon and I just wanted to see if investing into a rental property would be possible. So currently they live in a home in California and looking to sell wihtin 3-5 years. I would like for my dad to purchase a triplex or duplex but also live in one of the units and collect rent as well. I'm trying to plan their retirement as they haven't figured much of that out and I think it would be a great idea for him to use the VA loan benefit to purchase a property under his name and I would be paying the mortgage eventually. Is this something that could be possible? Does anyone have experience in this? Thanks!