1. "VA loans are for the cash strapped. The buyers do not have the necessary cash required to buy a home! Why should I take their offer seriously?"
This is not True. VA loans do not require a down payment. This is entirely optional and offered as a benefit and thank you for the veteran. One could put a down payment if they wanted to but its not needed. The VA does charge a funding fee to the buyer but the buyer can wrap these costs into the loan.
2. Why is the VA loan buyer asking me to cover the closing costs? Why can't they get closing costs from their lender or family? Why do I have to take the hit?
This is a negotiating point that can occur with any sale regardless of it being cash, or financed transaction. Other items that could be negotiated are sales price, repairs, terms of contract, etc.
Its important to note that in some cases the buyer could get a lender credit to help cover the closing costs.
3. "I, as a seller, have to jump through hoops to get a VA loan to closing". "Won't VA be more strict on repairs? Will they ask me to take care of minor issues just to close?"
Just like any other financed deal there is an inspection period and a appraisal period.
The inspection period is to confirm the condition of the home and to ensure there are no hidden surprises to the buyer. Repairs could be requested.
In the appraisal period the VA appraiser will ensure the property's value is at or above the sale price of the home. The VA Appraiser will also make sure the home does not have major issues. If they see a major repair could be needed, they could define a contingency for the seller to repair an item of concern. Typically these are major items that the inspection would have caught too. In example, a leaking roof or items that would make the home unsafe to live in, broken windows panes, missing door, etc. would be issues an appraiser might require to be repaired. These are items most buyers would want to be repaired too regardless of the loan program.