They use supplemental financing at the core of their strategy and, their pro formas show target returns up to 20%.

If you are looking for investment to produce cash-flow to supplement or replace your current income, then everyday is a good day to invest in real estate since your business is prospecting opportunities and filtering only the best one that matches your criteria. 

You are not competing with other investors, you are competing with people that want to live there and don't mind paying $10-$30K over asking because they work a W-2 job, and are going to rent out half the unit to help supplement their mortgage.  

What significant talent do you have that can supplement a RE investor?

Either you need to find supplemental income or move to a lower cost market.

This is a buy and hold, with potential for Fannie Mae supplemental as a quasi refi (a supplemental allows for a fannie second mtg on itself as long new DSCR holds up with the stacked debt)

I know that I am eligible for a VA loan (I think about I can get one every 3 to 5 years or so), so I can supplement on "off years" with the FHA loans to get new properties. 

As in looking to do it full time one day, or just a side hustle to supplement your current income, pad your retirement, or whatever you’re reasoning is. 

Require your pet owning tenants to maintain renters insurance and if their insurance doesn't insure certain breeds, there are companies that will issue policies for those breeds that supplement the main policy.

Do you want to generate cash flow and supplement your current income?