They will not use the income if you don't have those lined up by closing.Tons of people do this, and I also did the same thing earlier this year. 

Some real quick items here:VA Loans are for Primary HomesYou can use VA Loans for 1-4 unit properties (House Hacking)VA Loans have 0% downpayment (most of the time)You can have more than 1 VA loan (some people don't know that)VA Loans do carry a "funding fee" which is like a little "tax" to write the loan, but it is waived if you are a disabled veteran.VA Loans do not have PMI (and that's a huge benefit for us)VA Loans also have a very streamlined refinance feature (called a VA IRRRRL) which makes it super easy to refinance if rates were to fall (hopefully that will occur in the future)VA Loans can also be used by a surviving spouse.The VA may not give us the best health benefits but they can certainly get us into debt!

Please come back and post a follow up, even fi you wind up losing money on the transaction, because it is a good opportunity for new people to learn how difficult flipping a house and turning a profit can be.

I know of people that disregard this rule but it's ill-advised to do this because if the lender finds out about this fraud, they can call or the whole amount of the loan to be due. 

We've also found that including it in the rent, people aren't as conscious of lights, water, etc...~ Lindsey

For any noobies:  Research a ton and feel free to reach out to people nicely, you'd be surprised just how often people want to help. 

You will connect with so many great people and get tons of tips and pointers.

Do people have confidence in the multi tenant industrial market today?

So you're asking the wrong people. 

(Shorter distance for me)Not sure about knoxville TN, have not been there.I also noticed people shifted to smaller cities to invest.