Typically creditor will lend four times the Veterans basic entitlement ($36,000 * 4 = $144,000) which makes VA loans a minimal risk, working for both the lender and borrower. 

Payments should be based off someone with perfect credit and minimal down payment.* As far as cedar park to the north* East as far as the domain* SW as far as steiner ranch hudson bend, etcI can do traditional or fha, no problem.

Fees at closing are minimal, and the original loan stays in place.  

If you buy right you can easily cash flow on those properties as well.If your goal is cash flow while minimizing risk.  

You need to figure out your own niche and utilize your strengths and minimize dealing with your weaknesses.

And minimize your communication with the tenant.

Dallas will give you positive cash flow but it will be more on the minimal side.

@Christopher Dunson One consideration is that if this isn't an established business/person, your recourse could be minimal.

With the rent covering interest only payments on this kind of loan, I would only have to cover minimal repairs to get units rent ready (prior to getting them occupied if they are not already).

I will have to be proactive here and minimize my exposure to missed payments.