Working with a lender who does a lot of VA loans will also be useful in this situation as they can help guide you based on their past experiences with foreclosures in the area and appraiser's.

I have been renting rooms in my home as mid-term rentals and have experience in that area. 

I have no experience with a flip and was thinking of using my current situation to start the learning process. 

Have you tried considering both and seeing which one gives you a better experience?

Sounds like your experience is almost identical to mine.  

Borrower experience?

From my experience, the reps at section 8 truly want to find suitable housing for their voucher holders hence I would be very suprised if they lowered the rent beyond the current rate.

You don't need to know everything to get started; you need a foundation to build on and the rest will come through experience and then refining your education.You can build a basic understanding of investing in 3-6 months.

I was curious if anyone has experience of having invested in this fund or their previous fund offerings?

You also could buy a multi-family in VA and rent out the additional spaces.Keep in mind that VA is for primary residence only.You could just go straight up investment but that is a much more expensive proposition.As for a lender, I have a lot of experience in this area.