Advice for military family investing in rental properties

[Raffaella P.]

Hello everybody,

I am a military spouse who wants to invest in real estate. I come originally from Europe and I am pretty new to laws and requirements here in the USA. I am still learning a lot about this business and I am preparing myself to do my first step, hopefully in one year from now. However, I keep reading about buying houses in the area where you live is way better than a far one. As a military family member, I won’t usually be able to live in the same area for more than 3 years. That makes me step back and fear to invest, a little. The area where I live right now is the DMV, specifically Annapolis MD, which is very expensive.

Any advice on how to buy and manage properties away from your “hometown”?

I know I could hire a property manager but I am not sure I will make that much cash flow on my first deal to affort it.