aloha I am from the Big Island, I flipped allot of houses on the main land but stopped in 2008 after a betting in Vegas , That would make a good movie title. 

I passed in less than an hour (out of 4 allotted) my first try, so they taught me everything I needed to know and then some.

Can usually allot 5-10% vacancy factor and same for maintenance.9) Class B usually also okay, but needs more attention from owner and/or PMC.

Greenville & New Burn have allot of subdivision that are all duplexes. 

My question is should I use my VA loan to purchase a SF home first and received no ROI until I've "lived" there the allotted time and then rent it out, or should I buy a MF unit property duplex or triplex that is empty already and just not rent out one of the rooms since that will be my primary space?

I imagine that a few of the obvious risks with doing fix and flips is:There is a delay in the rehab and it starts to eat into profit margin, or possibly even into the negativeThe house doesn't sell as soon as expected or in the allotted amount of timeThe rehab is finished and the appraiser low balls you upon the house being purchased thus effecting your end profit Here are my questions:What are other, if any, risks in fix and flipping?

Chores, code of conduct, locks on doors, allotted kitchen and fridge space, common area rules, guest rules, etc all become very important.

I want to know if when I have a house under contract and I don’t get it assigned in the allotted time , will I have to buy the house ?

We have allot in common and that's helping I think. 

Even IRS liens are wiped out after they are time barred from exercising their rights if they did not take action within the allotted period.