I will be doing the footwork this week to find out what zoining regulations exists, construction limitations exist, permits needed, and most importantly what funding is available.  

Originally posted by @Michele B.

Tenant initially filed the original contract with the county so there is a cloud on the deed.

As for the original question I do believe the VA benefit is removed from the property once the VA member no longer owns the property, so if they can successfully assume the loan terms they should be able to do what ever they want with the property.

Trying to figure out what type of houses and areas to really look in to avoid the factors I mentioned.Edit a typo on my original post:  That takes a lot of percentage off the ARV value because its $250 ($3k flood/yr) - $600/mth just for flood insurance. 

Originally posted by @Russell Brazil:Massachusetts is by far the craziest fair housing state that there is (I think, Im open to hearing crazier places).

Originally posted by @Christopher Phillips:@Randy CoulsonIs this for a hotel you own and want to book guests? 

Originally posted by @Douglas Miller:Welcome! 

Originally posted by @Joey Isidore:@J Scott you must have quite the time on your hands.I apologize if my point didn't come across as intended...To address your question more directly:  There is no way for someone who doesn't know you, your situation, your goals, you expertise, your location, your time availability, your acceptable amount of stress, etc. to tell you which path is better for you. 

Originally posted by @Zach Schnoebelen:@Brie Schmidt thank you price ranges are helpful.