Kerry,
Thank you so much for your insight! We currently have one year left here in England and frankly we don't have the time or resources to buy here. We currently don't have any debt except $800 in our Star Card (Credit Card), have $50K in cash and some other investments. We are trying to save up to $100K before I leave the service in less than 4 years so we can start buying houses in Texas when we go back. I really liked how you mentioned the Rich Dad book, my wife and I just finished reading it not too long ago and it has seriously changed our lives. We are currently educating ourselves on investments, real estate, etc.
So with the houses in Texas you had a property manager and agent who helped you out? What were the prices for that and how much of a positive cash flow did you end up with? I just really want to be as armed with information as possible before diving into anything as we have spent the last 4 years acquiring our cash and want to put it to good use. I know there is risk involved, but with more information and knowledge I can reduce that risk. Again, thank you for your advice and believe me, we are traveling all the time. My wife has what my mother and grandmother would call the "callejera" syndrome, literally translated to street person from Spanish. We LOVE to travel and we have gone to many places.
Emmanuel