(A recorded trustee's deed (or similar alternative) confirming the amount paid by the grantee to trustee may be substituted for a settlement statement if a settlement statement was not provided to the purchaser at time of sale.)The preliminary title search or report must confirm that there are no existing liens on the subject property.The sources of funds for the purchase transaction are documented (such as bank statements, personal loan documents, or a HELOC on another property).If the source of funds used to acquire the property was an unsecured loan or a loan secured by an asset other than the subject property (such as a HELOC secured by another property), the settlement statement for the refinance transaction must reflect that all cash-out proceeds be used to pay off or pay down, as applicable, the loan used to purchase the property.

This is reflected in Durham's strong employment market that continues to boost the central business district, and guarantees the city's success in the commercial real estate market for the decade ahead.

I assuming the exterior is ok except new roof and painting.The prices reflect materials and labor.

But like people have said, value is only reflected in what people are willing to pay.

Due to the progressive Roth conversion strategy, accurate and well documented reflection of value is critical.  

I've found rentometer to be a good starting point, but often inaccurate as it doesn't reflect neighborhood to neighborhood changes very well. 

Anytime you owner occupy with a loan it's a bit slower process, but I don't think this reflects directly on a VA loan. 

@Jacob Brattainif the lot rents are that low then that is a reflection of the quality of tenants inhabiting that park.

Yes, your title search should be good through a recent date and the title commitment would reflect that date. 

If the numbers work on this place AND the unit condition reflects the $33,653/unit price then it may be a great property.