When you get a payment estimate for the hard money that should tell you if the deal is a fit for your cash position or lack thereof.

@Kahleb Kelsey if there’s nothing in the market that fits your current situation, I would suggest refi into a conventional loan and free up the VA loan just in case something else pops up.

I do have clients with great success but you need to have the right manager to help identifying locations and determine if something would fit for Section 8. 

I guess majority of my questions are around the scope of work required to get it fit for long term tenancy and underwriting approaches.

They can offer rough numbers and direct you to areas the better fit your investment criteria. 

I don't think there is a one-size fits all answer like Michael Le has said. 

You could look in to each states rules and decide what you are good at and what would be a good fit. 

In the meantime if that idea does of doesn’t work for you maybe you can locate an investor friendly realtor as you build your team and once you’ve narrowed your property criteria if you want to invest locally to where you’re living now have them set up a search for stuff on the MLS that fits your needs.

So after I got smart, we went room to room, how the air vents worked with the HVAC, open and close the vents, not the temperature of the house, how to turn shower and tub off an on, adjust the water, use each appliance, including the basics of how much can fit in a washer, difference of a freezer and frig, how a vacuum works, removing dirt, how to lock windows and doors, everything!

You obviously want to know how many homes you can fit & on what size lots are required.