Also, if you have AD orders for a year to someplace (Eglin/Hickam if AF, Scofield Barracks if Army) then you could use the VA loan to buy a property there which you convert to a LTR/STR when your orders are up.

Depending on your budget I would check out a multifamily near Clarksville (army base) or an Airbnb in Gatlinburg (year round season and 10% cap rates) 

ARMY and buy multiple properties after.

Goodyear and a national army base are located nearby.Which city is it?

@Jordan BedminsterHey man, I’m an army vet and full time investor in Raleigh.

I'm sure there's money to be made there in real estate, but it seems to be heavily reliant on one industry (Army) which is a red flag for me when it comes to evaluating markets. 

If you believe rates will be lower in 5 years 5/6 ARM is not a bad option, and I know some lenders have rate reductions if you go 5/6.

I'm a 22-year Army Veteran.

I'm currently located in Olympia, Washington, where I've began transitioning from a 15-year career as a Special Operations Army aviator.

Surely the mighty NY real estate industry has stakeholders with deep pockets and an army of attorneys to work on this thing, no?