Most importantly for your consideration, we have produced numerous entitled land deals, where we have acquired, entitled, and sold to both homebuilding and apartment development companies.

Here is the important question. 

If you haven't checked out this article, it's a good overview of using the VA Loan over the course of a military career to build up a rental portfolio.This turned out to be pretty long, so I'll start off with a tl;dr: If you can find a property that you and your family are happy living in, at a price that would also make it a viable rental property down the road, go for it!

We certainly did not accrue the capital we needed, but it taught us an important lesson about VCs and Partners: If you are truly prepared to stand behind an awful idea, you should also be fully prepared to fund it yourself!

Hope this article helps: https://www.thetaxadviser.com/newsletters/2017/oct...

@James Mc Ree referred to an article about MTCLA tax sales.

I had been trying to stress to people the importance of asking and knowing why behind everything as opposed to just just wanting someone to tell them the answer.

D- Magazine with an article suggesting that the top end of the MF high end apartment market is in really bad shape from a pricing perspective.I think this is an early sign that we are seeing the end of the boom in Dallas. 

It is important to realize that everything in town is only walking distance away, the town is surrounded by both NFS and open space, and there is a limit on how high you can build. 

I think it's important to share these stories along with the successful "wholesaler" stories out there.