- Speaking strictly of owner occupied housing, interest rates probably matter less.

If that is the case, it's strictly a cash-flow market. 

Contractors have to be approved and the guides are strict. 

One of the reasons we would prefer not to hire a management company(other than the price) is we want to do our strict screening process which property management companies wouldn't do( or we don't think they would). 

I am also considering using the Bank of America assistance program to lower costs related to the down payment and closing costs.That being the case, if I look at the property as strictly a rental, renting both units out, I notice that I have a cash flow of $2,471 and a CoC ROI of 27%.

I almost feel like it is just strictly a college town?

I believe he is running the business strictly online.

The main question I have is for the qualifications does all properties (Duplex/Triplex/Quadplex) have to meet the VA qualifications or does the primary residence only have to meet the strict qualifications?

I'd strictly do flips, where I bring the deal and contractors, they bring the cash, and then they would keep 90% and I keep 10% (plus I'd be listing it as well).

Congrats @Weston Glover on the first deal, was this strictly a deal you wholesaled?