As long as it passes VA appraisal you should be fine.

When I had the Sit Down, we agreed on the value of some of the properties and needed a few appraised.

Removed all tenants, added 2 bedrooms and a bathroom overall, redid kitchens / baths / flooring, all on a 0% apr credit card.Rented out to a new group of students for $4500 for the entire building, refinanced at a new higher appraised value.

., lack of winter accessibility) is eligible provided the appraiser includes at least one comparable sale with similar seasonal limitations to demonstrate the marketability of the subject property.

There are a handful of off-market homes in my area that another investor is willing to sell that are priced below appraisal value. 

Try this:Do you require an appraisal and survey?

So, it really just depends on if the appraiser catches it.

I'm in appraisal on a duplex in Minneapolis and am finally at the point where I can start discussing renovations instead of just reading forums.

@Jeremy LambOther skills to learn or educate yourself would be in construction and appraisal since you plan on flipping.

I would like to hear opinions from investors and appraisers.