I just utilized my VA loan to work out a deal at the Metrome condos located (1150 jst San Diego, ca).

You need to start calling contractors and have them come out and scope this work out.

Also doesn't hurt to pick a city with more than one management option, in case your first choice doesn't work out. 

Find a good worker to run jobs and sub-contract all major work out.

Be prepared for some edit sessions depending on how picky you want to be.Facebook live could be a winner.

If that doesn't work out as I hope, then it might be looking to see if I can open a larger line of credit with a bank (knowing I will be doing my future mortgage with them) or a personal loan / private lender for the next down payment.

Thanks, Jaysen,I understand it's not going to work out exactly as I've written it, but I would like some more specific guidance per my question in the body.

in the long run, the numbers do seem to work out if you refinance, on a monthly basis you would actually have cash flow. 

We own a real estate brokerage so we have access to the feeds but you may be able to work out a deal with an agent in your area.

Is there any downside to them if this deal doesn't work out?