For the majority of banded now, they have entered in a Public-Private Venture where these companies have signed long-term contracts (something like 50+ years) to manage ALL aspects of the base housing in return for the occupants BAH.

I narrowed my focus and I see this site as a valuable resource to building my portfolio as well. 

Some info to narrow it down: My initial idea is to watch Flipping shows and pay attention to the estimation segmentIm beginning in the Los Angeles area looking for multi-family properties; live in one rent out the other(s)Not looking for luxury but also dont want to feel like im living in my grandma's placeMaybe framing it from the dollar side would help (eg. $5k can do this, $10k can do that etc.)Priority list of what is important (in order, keeping it simple):Kitchen countertop sinkcabinetsappliancesBedroomample size (maybe moving a wall Generalcentral air

Now I am trying to narrow it down.

Better to just rip the band aid off than string you along.VA Loan guidelines say two things:GI Bill income cannot be used as qualifying income.Rental income cannot be used as qualifying income until you have two years of landlord or property management experience. 

Best,JTM I havent seen a wholesale deal with enough meat, I find my own deals, but i dont direct market, I do see bandit signs from time time, but mostly out of area people, most MLS deals are over priced for my taste, Like you mention, there are cash buyers right now, and deals are few and far between, if you want to direct market in my area and bring me deals, by all means, but i bet the spread will be narrow, and there wont be enough for both of us. 

By narrowing yourself to Option A from the beginning, you are ignoring potential great opportunities in B and C.Then if you have several viable options you can go with either the higher roi or what meets your long term goals.

Have you narrow what area in REI planning to dive in MF or SFH something else.

How can I get the most band for my buck?

Narrow your criteria down to what kind of house you want and the loan to value ratio 1-60% or so.