***depending on how far the house is from the coast, you mayalso be required to have a separate Wind or Hurricane deductible.

The builders loan couldn't approve us for the amount we need to get, but we had a loan broker find a loan for 10% down DSCR with a 2nd home status instead of investment home.

We are working on our first flip house and we didn't plan to do the BRRRR method, although it has come up in conversation multiple times due to the area it is in, we are still tossing the idea around of keeping it as a rental.

Since we are considering a 4 bedroom house, let's compare it to a 2 bedroom 2 bath duplex each side.  

Leverage your construction skills for flips, start with smaller projects to minimize risk, and consider house hacking or long-term rentals for a steady income.

He is looking at a group of investors like myself to bring 25% of the project value and then procure a bank loan for the remaining 75%.

All sec8 rentals are subject to review and approval by the housing authority issuing the vouched.  

Your VA loan will be crucial to your real estate investing growth, especially since it affords you the potential opportunity to own more than one property, depending on your overall allotment.For active military personnel, that conundrum of where to invest and where you will end up is always part of the issue that sometimes causes analysis paralysis so it's great you have one in VA Beach already.

I like the strategy of having a job with guaranteed income and taking advantage of owner occupied financing to purchase a house hack, staying connected with the REI community in the area, and scaling up from there.

Keep the current investment and buy another house hack to live in.