So the due diligence period (aka "option period", aka "feasibility period", aka "investigation period") is usually a lot longer than a typical option period to buy a regular SFR. 

If your basement regularly has water seepage, I wouldn't use LVP.

What is the advantage of an Umbrella policy over a regular landlord policy?

Do you talk to a private lender or a regular bank?

Hi Y'all:Having regularly attended local real estate meetups over the years, we have met some truly incredible people in all facets of the real estate industry.

I need an atty to look over the lender docs but i do recognize their name as a regular in the legit investor circles.

Talk to the PM and ask if there's a way you could tag along for their regular inspections on occasion.

I see it as this:   you are making the difference $30,000 and $17,200 = $12,800 less your closing costs and fees when you close on it - PLUS the $700 each month they stay there before they exercise. 

Specifically someone very familiar with the VA loan process and even better if they have experience lending to investors regularly.

Their National HQ is right there in Houston and they have regular classes on how to do these things.