I’m doing this right now.

I can help with financing if you'd like good options there, too.Best of luck in your search!

I plan to sell and 1031 exchange this property in the next 12-18 months.

@Thomas Rutkowski may be able to help with a monetized installment sale...just another option.Glad that you posted...this is a meaningful post.

What made you interested in investing in this type of deal?

You have to explain it to the listing agent who doesn't get it, who then sends that to the seller, by telling them it's not that you have no money, but this is a right afforded to you based on your service to the country and you can also show proof of funds that you have money, but are choosing not to use it as a downpayment because you want to do reno with it.I would use your VA, that's what it's there for.

I know this post is getting a bit old, have you had your first inspection yet? 

There are more than a few posts on this topic.Do you have a bunch of STRs?

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.There are over 20 real estate accountants on this site.

Having a conversation up front can help you avoid lost time and money in the long run.