Using VA loans for investment properties can get sticky quickly and once you have mutliple properties it will likely confuse most people...lenders included.1. 

I just have the type of mentality to just do things quick and get results.

You could add an access panel door at the plumbing locations for easy access.  

Quick question.

Alternatively, you could sell the property for some quick cash and then use that as down payment on another property.Good luck

So basically you have a property that you are currently living in that you have a HELOC on, and the bank is going to force you to close the HELOC once you convert it to an investment property, and you want to retain access to the ability to take out funds whenever you want without doing a conventional refi - is that right?

My first instinct is to go for the 15-year mortgage because I can build equity more quickly and I would avoid being highly-leveraged on my personal residence.

I figure I'd want to keep that handy for when the time comes that something goes out...and it's easier to access.

Then I'll contact them with a question or two and see if they respond quickly.

@Janett McWilliams, I can say as a general rule that you will have better terms and more money to be accessed if you individually refi each property individually unless you have > 10 properties, usually >20.