The key point is that the end buyer's lender or mortgage broker must be aware that you are buying and then immediately reselling the property to his client who is getting the VA loan.

The contract has a clause that says "Restriction on the use of data" and the sub title says "Date recipient will not use or resell data for the purpose of commercial solicitation of any individual named in the data."

Another option might be a "lease option" where you lease the place for a certain amount for a particular time and then sell it for a certain price at a certain date under a separate agreement.That way you might have an investment that really pays off with a deposit that is non-refundable, a spread between the debt payment and rent, and on the resell. 

So the day I buy, I want to be able to resell for 10k+ more than I just paid...or... know that I could profitably fix and flip it...

Do you plan to resell it and is the lender aware of this?

Additionally, the procedure will change if you only plan on purchasing and reselling mobile homes attached to real land. 

Hannah.. this flew people into the Hobergs resorts in DC 3s in the 30s and 40s So then when they lost the tourist trade and really no industry.. it became a place were more modest second homes were being bought and used.. and it was very much a SF based area.. and had some pretty big SF Italian communities. in the 1920's over 60,000 lots were platted from NICE to Clear lake Oaks and the city of Clearlake Including 7k lots behind Lucerne which virtually none of them were ever built on .. a Guy Named George Triphon bought most of those lots in the early 60s  surveyed them all pushed roads through but never followed through with water or sewer leaving them unbuildable and a environmental mess. you can see that as you drive hwy 20 up behind the city of Lucerne.. those lots were left to rot and then become the fodder of the guys who buy worthless tax sale lots and resell them on line.. we know all about the land geek and those dudes.

Hi @Bob Bowling and @Leshon Hill you are both right in your own way, Leshon that is not an actual cap rate is ROI( Return on Investment ) just simple I do Joint Venture Consultation, for many Assisted Living, senior living, drug rehab, ETC, its business who they structure it is as Market Valuation, lets say you do by the Property for 300k make 50% ROI 150K your first year, you will structure a more realistic Valuation as Business rather the a Real estate ( Cap Rate structure ), so to re sell your property gain equity and get more interested clients you don't advertise as 50% cap people will think you are crazy even do the returns are 50%, you structure your Valuation once the business is running and has proven track record not Proforma based, in lets say 1.5M business for sale generates 10% ROI/ Cap rate, also you shouldn't call it cap rate maybe proforma, but its better to used Return on investment term. so its better for you invest 300k keep business for 18 months, sell for 1.5M and do it again. or sell 750k Equity in the Business keep half of the monthly revenue, make 450k Profit open another. that's what we do, and works fine with assited living senior care I will assume will be the same with drug rehab. best luck PM is you need anything.

Is this a good deal to buy, fix, live in, and or rent/resell in a few years? 

In other words, to see what price point investors are buying distressed properties at and what price point they are reselling for?