It's pretty difficult to get an investment mortgage at the moment. 

Not adding any additional living space, just dividing the two units, putting a kitchen in one of them, and probably not having to add a bathroom to either unit.  

Most of this is good info, but some of this is ridiculous and moot. 

This home can use 200k of renovations. 

He bought a town in Texas (yes, the whole town), but started with land and may have dealth with this issue.

You have to explain it to the listing agent who doesn't get it, who then sends that to the seller, by telling them it's not that you have no money, but this is a right afforded to you based on your service to the country and you can also show proof of funds that you have money, but are choosing not to use it as a downpayment because you want to do reno with it.I would use your VA, that's what it's there for.

This is highly specific to the loan product and the lender.

new construction homes everywhere. many people waiting on the fence. once the rates drop its going to get crazy again.

You can also check meetup.com or search Facebook for real estate investment groups, clubs, or meetings in your area.

Quote from @Jake Hughes: Whats up BP community.What professional photographers are people using to market their rehabbed properties?