@Deborah Vahle my plan is to resell at this point, eventually buy and hold.

., maximum allowable LOC) is another question entirely.If you're going with a more traditional bank / institutional loan that likely resells the loan on the secondary market, you'll have a much harder time doing anything creative or "outside the box".

Capital gain - no problem as long as your intent was not primarily to simply resell as a flip like @Michael Plaks said. 

Considering I have a fiduciary responsibility to the property owner, I'm not going to let someone come in and low ball my client and then re-sell the property at a higher price

It's far less important a number when you buy but critical to know ahead of time if you're strategy is to add value and resell.    

When buying a community this small you may run into issues when you go to resell the property in the future.

Then you can use it as rental property (or resell it) and then you can do it again with another VA loan somewhere else.Now what I do question is how much you are going to be able to afford as a junior enlisted in the armed services, even with the off-base living allowance included. 

I got caught up in the return, potential and location, but you are right - it could (And will likely) harm the value a good amount when looking to re-sell.

@Kenneth Garrett My understanding is you'd have to subject yourself to the laws as a reseller of energy like the companies that constantly call and knock on our doors claiming to be sent by ComEd to lower our bills.

I have been doing real estate for just over a year now and have been picked up by a local reselling firm that can deal hold and flip up to 15 properties at once.