I use 3 simple steps blended with different psychological triggers.

I'll take these into consideration as things move forward (sloooowly). 

The general eligibility criteria for a VA Renovation Loan mirror the standard VA loan, but it does require extra steps because it involves quotes and work from a contractor registered with the VA.Another consideration is that borrowers must utilize the VA loan for a primary residence. 

However, managing a short term rental is a lot more work than owning stocks and if you have a bunch of them it can turn into another job.Long term rentals are considerably less work than STRs but offer a lower return. 

I am looking at pulling the trigger on my first home purchase this week. 

So, that tax savings might be a worthwhile consideration.

@Francis Nasser A CPA can chime in on this one but as far as I know, an interest-free loan isn't illegal per se but it is highly likely to trigger an IRS auditHowever, you could include a certain $ amount as a part of the purchase price and record it on paper as prepaid interest which could potentially circumvent this issue E.g, a seller is carrying $100,000 for a property with a 2% interest on 30 year am and a 5 year balloon (=10%).

Pretty decent margin if you ask me :)Ken I hear what you are saying Sir and you have awesome valid points that I never even took into consideration.  

One more tip – people remember stories that trigger their emotions.

Really appreciate your consideration, Happy New Year!