That is a lot of work done for only $32k...how exactly did you pull that off as I see at least $50k worth of work done there it seems like!  

Like @David Gran mentioned, you can get two homes with the VA loan; I did exactly that (still have two houses with the VA loan).   

Don't know exactly what direction I want to head. 

Do I approach the listing agent and ask for a walk-through of the house to check the condition of the houses?

No one in their right mind would agree to be bound by the terms/conditions of a contract they haven't seen, much less thoroughly read. 

Welcome @Mark Doty, that does sound exactly like what most of the new members post.

Find a realtor who is doing exactly what you want to be doing and model off of them. 

You only have to look at the nearest mass produced sub division that is developed and built by a contractor to know exactly what I'm talking about. 3)  - Shop around and find a somewhat local architecture firm and start talking to them.

It should be priced somewhat lower due to condition, if rehab is cosmetic only (which it probably isn't in a home that old)  You could spend about $30,000 or a little more if you did everything

It was good for several reasons, it got me up close to houses that I had an interest in to see the basic condition, it gave me a sense of the neighborhood and each block.