Certainly with an older building that has been mom and pop managed for 30 years, there are plenty of opportunities for improvements that don't necessarily equate to added value (hot water heaters, French drains, new electrical service, etc). 

Talk to your servicer as well as they may also provide it

Once your Loan Package is Accepted & Approved by Texas Veterans Land Board, the Closing of the Loan & Servicing of the Loan is handled by the originating Lender.  

@Stephanie Potter To my knowledge, it is not they're bulk of transactions, but they do still service them.

Legal fees for entity setup prior to actually being in business are amortized as Business Start Up expenses.Rehab expenses prior to the asset being in service are also added to depreciable basis.

We're in Ontario specifically and are finding a million services at varying costs. 

I use a flat fee service and pay $200 to list it.

@Terrence Williams - I know it seems counterintuitive to not use debt... but basically 2 reasons:1) We bought a distressed deal and the bridge financing would have been too expensive2) Less risk and now we don't have to worry about the debt service 

Megan,Why don’t you give the new company a try instead if immediately switching, who knows, you may like their service structure even better

Unless there's an actual provision in your specific loan agreement that prevents you from renting it out for 1 year, it's not an actual requirement, just "gouge," to use the military jargon, that people like to throw around as a rule of thumb.The point of the VA Loan is to provide service members and veterans the opportunity to purchase a primary residence.