It's rather confusing, especially since VA has an example right on their website that contradicts their own rules!  

The property must meet or exceed the 1% rule at purchase (rental income must be 1% or greater of the purchase price).2.  

I looked at apts for rent ads that sat to over a monthThen I called and asked if they would like all their rental headaches gone.And talked to them like a friend asked if it was easy Then said I would be happy to take their problems away as I was young with tons of energy to do repairs, evict bad tenets etcAnd all I wanted to do was pay them a set amount   Each month as opposed to the up-and-down rental situation that had gotten themselves into Believe it or not the conversation can Flovent Easley back-and-forth them finding out about me and me finding out about them and what they're able to do and want to do

     Another vote for never split the difference     Extreme ownership by Jocko Willink and Leif BabinRocket Fuel by Gino WickmanThou Shall Prosper by Lapin10X rule by Grant cordone7 Habits of highly successful people by Stephan Coveyany book by Patrick LencioniMillionaire success habits by Dean GrazioskiEntreleadership by Dave Ramsey

Lastly, if your able to buy using the 1% rule you have enough built in positive cash flow that will enable to ride out the downturn.

That 6 month rule thing is a "conventional" loan rule.  

In easy terms, what this means is that the Seller is not making an representations about the condition of the property.

Or rather they work under dumb rules as they are not "lenders" at all.

I know at Fort Lee, VA there were very strict rules on what facilities qualifed for permitted TDY housing.Also, there have been a lot of changes to the DTS system and the Army is pushing hard to get people into the IHG facilities on post FIRST.

The blanket loan will have a lot of rules to it.