Most of my investing has been out of state (Oklahoma, Florida, Wisconsin, and LP syndication investments in Colorado, Tennessee, Alabama, and Oklahoma), though we do have a VA loan house hack here in La Mesa about 10 miles east of San Diego. 

Does anyone know of a regular REI meetings in Richmond Va or surrounding area?

I will be using the VA loan.

Without land, you can get a slightly bigger house for around 550k in Ferndale FHA USDA and VA loans all have the best rates right now. 

If you are looking to make sure no sellers are missed, a VA could be the right move.

But to do BRRR, get a HELOC, get another VA loan, etc., all those things require that I can document some income.That said, a good flip here and there would be a nice boost for you. 

In my case I had a 2nd VA loan and had to put money down AND pay off a car loan to get the best rate possible.Basically ask you lender, what do I need to do to get approved.  

I am in Hampton Roads, Virginia.

@Brock Fica Best piece of advice I wish I would have recieved when I was your age: use your VA loan to buy a house with zero money out of pocket and then rent out all of the other rooms and/or units (you can buy up to a 4-plex if you can qualify) to your buddies, which will basically provide you with free housing and probably make some money along the way.

This is also done so that the loan qualifies for Fannie and Freddie, or FHA or VA depending on what's being originated.