I am looking to use a VA loan to get a house but want to purchase a rental property and get started on getting cashflow.

I have opportunities in NC for houses that are all-in around 75-100k, ARV 125K and rent for around $1200.

Rents go up, houses appreciate, your indebtedness decreases. 

But these are the people that will buy houses or be long time renters. 

People told me the exact same thing when I was buying sf houses right after the bust. 

My girlfriend and I are rehabbing a house and we have work set to begin in the near future.

They ended up bankrupt and foreclosed on and I moved somewhere else. 14 years later my lot in a town where building had boomed, housing prices were up about 40% and there was solid population growth had gone from being worth $28,500 to being sold for $19,000.

I would LOVE to develop this land myself and sell a house, I simply don't have the capital. 

That bedroom has access from the outside through a door built into the side of the house.

Maybe the house doesn't show well and you need to put some money in to spruce it up and make it show well.