I’m stuck on if I restore go Mtr or ltr in Nashville

Took a few years to get licensing, permits, etc, to either restore it to being an assisted living facility, or convert it into one.

If you don’t, they can force you to remove the new construction and restore it back to its original state and issue fines.

I think it’s rewarding to do restoration on an older property. 

Given all her extra time she spent trying to restore the property to its usual, I don't think at this point they'd even get 4 stars from me.

Now our vacation units are restored.

In this case you may want to refinance your VA loan on your prior property to restore your original VA entitlement to full prior to your purchase.You can use VA financing for up to 4 units with 100% LTV or 0% down but the subsequent or second use may have up to 1.25-3.30% VA funding fee ( points financed into the new loan) unless if you have a disability rating of 10% of greater on your certificate of eligibility or your COE shows "exempt-eligible veteran."

Having a list of the problems made by an expert might make it a little bit easier to make the decision do you want to tear it down or do you want to make it a labor of love and restore it like Grandma had it - maybe with an air conditioning system in it and Hardiboard on the outside, and new windows et cetera...

However, county loan limits still apply to Veterans who have previously used, and not restored, their VA home loan entitlement to purchase, refinance, or construct a home above $144,000.Your entitlement can only be restored when the property is sold, or the loan is paid-in-full.

An assumed VA loan would plug in place of the new property purchased in this example.Also, you have a one-time option to have your VA loan eligibility restored regardless of how much you have used; normally you have to dispose of the property, meaning sell or pay-off to have it fully restored.