My question is that if I get approval from the local town and the property variances are changed would it be allowed to convert said property into a 5 or even a 6 flex without any issues arising from the VA loan lender?

That gives us what we need for instance: Say the house is presently worth $120,000If the house sold for $100,000 in August 2013 and the interest rate at the time was 5% with 3.5% downPurchase $100,000Down 3.5% - $3,500Loan Amount $96,500Interest 5%Put those into a mortgage calculator and the payment is about $518 a month WithOut taxes or mortgage insuranceLook at the amortization table and after 5 years of payments the principal balance is about $88,615So, present value (PV) = $120,00Amount owing = $88,615Assumed Equity = $31,385Build a spreadsheet so you can change the variables.

Change your payment preferences to One Single Payment and make it so the payment has to be made before the booking is complete.

I'll be interested to see if/how this changes.

Most investors change the deed at closing, then change it back right away....so maybe 10 days of exposure?...

If you use it as investment for 1 year and then change your intent and move into it for 5 years and sell you would get 5/6ths of the gain tax free. 

If we change fees after that form is shown to you we have to show just cause.So if a lender says "your fees will be about $3,000"...there might be even a form called a "fee worksheet" that looks pretty official. 

However there have been changes recently?

Did you change the floorplan (add an extra bedroom for instance)?

5 years is a long term plan and a lot can change in that time, you could have a second child, a move, or even a significant job change or promotion.