$300-$400k will likely not get you even a 2-family in the best area of New Haven unless it needs a lot of work, but will get you a property in a top flight area of Hartford.

Even the funding alone is easier since you now have a cash flowing property that can help you fund your seed money faster. 

Quote from @Ruben Diaz: Good evening team!

Even though you have a VA loan, you still WANT good credit.  

The financing structure includes a hard money lender holding the first lien and private money lenders holding the second lien.

Used enirely OPM to buy this one, and borrowed money from a family member who is in commercial real estate to do the renovation.

Now, I am questioning if it even makes sensse to develop anymore properties.Does anyone else have any thoughts on this?

You're trying hard to get that 3rd night even.

@Geoff Engel If you don't want to be a landlord but still want to be involved with investing you could be a private money lender for flips or in partnerships and bring the money to the deal.

Look at lower ARV properties 200k and below and you'll probably find some that can work as a flip or a BRRRR even with current interest rates.I also would recommend meeting with a lender and describing your goals.