Purchase price: $234,000 Cash invested: $98,000 Sale price: $380,000 This older house and the owner was a Hoarder, both cats and material junk. removed Five (5), 40 yard dumpsters of junk.

Since this was a rental you'll also pay depreciation recapture on sale. 

The home needed cleaning before the sale.

Be sure to lock in your sales price upfront so you build upside while i arbitrage mode. 

Purchase price: $39,000 Cash invested: $250,000 Sale price: $420,000 Teardown and built a complete new home.

Within the BP community you'll find plenty of lenders  that offer both products.

Starting with closed sales; which have dropped 28% from what it was in the previous month, to median days on the market which have risen 13% from the previous month indicating a slowdown in the rapid pace of the market.

VA loan is an awesome product so awesome to hear that you are all over it. 

Purchase price: $230,000 Cash invested: $60,000 Sale price: $397,000 We did this a while back but I'm just now making a profile on here.

You can convert that to an LLC down the road but remember FHA was made for primary residency so those products even though have up to a 4 unit allowability, aren't treated as investments/can't be put in an LLC right out of the gate.