When you take a VA Loan to buy a home, you can only reside in itg and not let he property out for rent. The governmnet proetct you in the event that you are unable to pay the loan in the future; You can purchase housign units that have hte approval to be purchased by a VA Loan. .... Nevada, New Hampshire,, New Jeresy, New Mexico, New York, Norht Carolina, North Dakota, Oiho, Oklahoma, Oregon, Pennyslvania, Puerto Rico, Rhodre Island, South Carloina, South Dakota, Tennessee ...