If you plan on using VA eligibility to purchase a home then you would have to buy it as a primary residence. 

The lot was purchased cash and the house will be built cash as well.

I purchased a tax certificate for a property that sold to the state of Alabama in 2019.

Purchase price: $270,000 Cash invested: $40,000 Sale price: $359,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on E Wildflower Lane, Fresno, CA.

Do you know what your first purchase will be?

Purchase price: $220,000 Cash invested: $1,500 Sale price: $245,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Denis and Samantha, successfully completed a quick flip on De Gage Drive, Prairieville, LA 70769.

Purchase price: $90,000 Sale price: $125,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Susan Rosati, successfully completed a quick flip on N Arkansas Ave, Atlantic City, NJ 08401.

Purchase price: $175,000 Cash invested: $40,800 Sale price: $305,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Seth Choate, successfully completed a fix-and-flip on E Holland Ave, Fresno, CA 93726.

To date I've been able to account for smaller expenses by tying them to a specific property if for example I'd purchased an inexpensive hand tool for a specific project on that property but I don't think that would be the proper way to account for more expensive tools that I bought for the overall business like a new lawn mower or something. 

Purchase price: $110,000 Sale price: $130,000 Contributors: Peter Vekselman Partner Driven, in collaboration with Russell Barcelona, successfully completed a quick flip on Ransom Street, Lockport, NY 14094.