@Kyle Pepple sound like a mini co-living property which is very popular these days. these can be great little cash flows.

Is there anyone that can provide me with a list of developers in Little Roock Arkansas. I have an abundance of land that my team has acquired and have been looking for a good est (price per sqft) to build multiple uni...

In no particular order I have listed some of the most popular markets for out of state investorsCleveland, OhioDayton, OhioToledo, OhioYoungstown, OhioCincinnati, OhioMemphis, TennesseeBirmingham, AlabamaKansas City, MissouriSaint Louis, MissouriIndianapolis, IndianaDetroit, MichiganErie, PennsylvaniaLouisville, KentuckyMilwaukee, WisconsinJackson, MississippiEach of these markets is popular with turnkey investors because of the low barrier to entry, high rental demand & high rent to price ratio.

Absentee Owners have been popular for a long time, and are apparently still somewhat effective (people are still mailing to them) but they are getting multiple offers to buy their home.

It sounds like you rocked it with this one. 

Congrats, that's a rocking deal!

As far as the ARV goes, I hate to break it to you, but that realtor is trying to sell this house, they're not necessarily on your team or giving you rock solid numbers.

One thing I do know, is that the owner will want a higher percentage rate than the rock-bottom rates that conventional lenders are offering.  

In no particular order I have listed some of the most popular markets for out of state investorsCleveland, OhioDayton, OhioToledo, OhioYoungstown, OhioCincinnati, OhioMemphis, TennesseeBirmingham, AlabamaKansas City, MissouriSaint Louis, MissouriIndianapolis, IndianaDetroit, MichiganErie, PennsylvaniaLouisville, KentuckyMilwaukee, WisconsinJackson, MississippiEach of these markets is popular with turnkey investors because of the low barrier to entry, high rental demand & high rent to price ratio.

I have a rock star realtor that is also an investor and a veteran in Fayetteville area so if you need the contact let me know.But like @Charlie Cameron said the best way to use ur VA is to buy a 4plex and just live in one side and rent everything else.