It's my understanding that you must be a qualifying veteran to do so and you have to be within the first two tiers, is this correct?

I am a military veteran.

The veteran landlords on this site are TOUGH crowd .. no pay within 5 days you get eviction letters.. you could die and most will still evict you.. just read some of the threads.. 

It'll be worth it and give yo more credibility to both customers and the agents you refer out to.A lot of veteran associations will refer to lenders and to realtors (ex. veterans united will refer to realtors for people getting loans with them), and those companies charge 40% referral fee and refer out to crappy people in my experience.

Veteran investors that have been through this multiple times will probably be OK with their leverage, But I believe the vast majority of these entry level investors that we are seeing that are using leverage to buy everything and the deals have minimal cash flow ($100-$200 a door) will not survive.

I have some investors that will buy properties in distressed neighborhoods, fix them up decently, and hand the keys to a veteran property manager and soak up a ton of cash flow.

It's a charity for providing a free and clear home to a military veteran. 

You need advisors like: An attorney (can assist with structuring a company)An Accountant (can assist with tax and structure of a business)A veteran investor if you can locateYou can also check with the SBA regarding business structure if money is limited. 

Also at the top of the contract it states "this loan is not assumable without the approval of veterans affairs or it's authoriized agents" 

And they'll be able to introduce you to lending partners and all the vendors you would need to build your team (cleaners, handymen, photographer, etc).