They seem to have a good business model and one of the owners is an investor himself which is definitely a plus, but they charge a leasing fee (to find and get a qualified tenant into the property) equal to 1 month of rent, which comes out to an additional 4%-8% on top of the monthly 10% maintenance/management fee depending on how long the tenant stays.

We keep hearing stories about this, but I don't understand how people who can afford properties right now and qualify/receive this program.

I have a suitable lender that can qualify me in any city or state.

My question is does travel time and sleep time count toward material participationI’m aiming to qualify for the 500 hours of material participation.

Many houses with obvious distress are not going to qualify for conventional financing.

There aren't many multifamilies here in Denver, and most of them need work and have trouble qualifying for a VA Loan.   

I recommend you talk to a lender and get real clear on what you can qualify for, what you can do to improve your borrowing position, and make sure you have your finances under control.

A quick google search for "va loan bonus entitlement" should provide you with all the information you need.Yes, anyone can assume a VA loan so long as they financially qualify.

There is no limit to how many you can buy at 10% down as long as there are separate markets and you can qualify.

That would be fees such as real estate commission, title costs, qualified intermediary fees, etc...