However higher cash flow is allows you to sleep well at night because your not stressed about you daily expenses. 

I've successfully done it personally multiple times and I have clients that have done it as well. 

I spent about 7K on the flooring but it's Mohawk LVP and will last about 100 years.

This is exciting news to me and I'm surprised I hadn't heard it before since my husband is a veteran and we've purchased several homes VA as well as clients of mine that I have helped.

Well, just to start, you are the one buying it not them. 

We are using the profits to clear the debt involved as well.

Updating all the mechanicals, refinishing the wood flooring, adding a 1/2 bath, flipping the kitchen from the existing kitchen into the dining room to make it more usable, updating the full bath, and adding a garage as well as painting throughout.

Pulling theses lists from Propstream has worked well for us (Vacant, Liens, High Equity, Non Owner Occupied, etc). 

Hey Charles - would love to work with you as well!

You have to have lived in a property 2 of the last 5 years to get the tax exemptions.