Since a young boy I have been fascinated by the idea of buying, selling, renting, and investing in dirt and the buildings that stand on it. 

I’m about to PCS to San Antonio for a year and was considering buying an investment property to live in while I’m there, then rent out after I leave.My question is this: since we’re restricted in getting fixer uppers with the VA loan (I know there are renovation loans), what are you looking for with the property?

I’m going to exit the crystal ball business and stick with investing

If you absolutely need the money now and can use it for another investment, I suppose you could but wait if possible.

I’m getting ready to close on an investment property (condo) next week.

Happy to take a closer look at your specific property and discuss further what options you may have to use your equity to put cash back in your pocket for future investments. 

Is there anyone investing in this market? 

Specifically, is there a statistical difference in the likelihood of actually acquiring the physical property versus simply earning interest on the debt as a financial investment?

My 10 year goal is to build at least $20,000 a month in passive income in order achieve some financial freedom, but I also see real estate investing as my true passion post military.

You should also invest in a professional real estate photographer and a lock box) You may just decide to go with an agent that can provide professional level photos and an amazing marketing package (including listing exposure in real estate magazines, etc) If you do go with an agent- make sure to ask for their marketing plan for the property as well as a record of their past sales, etc.