@Greg H. I see your point in terms of active duty military being able to keep tabs on there properties, especially being oversees/deployments. That could turn into a real mess, i wouldn't wish that on somebody unless they had a responsible family member looking over there property while they are gone, and set up with an amazing property management company. My marketing is tailored generally for veterans, Post service men and women who have jobs with the means to buy/sell property/or investment properties.
I myself am using my wife's va loan to house hack a triplex here in my town, while renting out my current primary residence which I have a va loan on. I still have almost 100,000 in entitlement left in my va loan if I wanted to do a 2nd tier. But it seems unlikely that I will find a property in Southern California for that price range.
My other military buddies who buy in the 200,000 range have a better shot at using their 2nd tier entitlement for a 2nd home in the future seeing as they have another 200 something thousand left to use on another primary residence.
So the key I think is education for my fellow veterans. If they knew this strategy from the get go they could really take advantage and use half of there entitlement on the first home, then rent the first and buy another with the remainder of there entitlement. 2 properties with 1 va loan, and now they have entered the world of buy and hold investing, and all with no money down.
@Bill Allen talks a little bit about it as an active duty service member in the podcast episode #163.