You can also find out what the basic allowance for housing (BAH) is in your area quite easily on line.

Below are some methods I have used in the past with success:-VA loans (understand the second use, 2nd teir, and re-establishing eligibility)-remember BAH is non-taxable income (gross up when speaking to lenders and ALWAYS purchase when you move)-LLCs are great liability protection, but they are per state (plan on moving to another state?)

.- This one's pretty crucial: BAH is only paid when you're in school.

Something like this shoudl do the trick for you: http://www.homedepot.com/p/Deflect-o-Universal-Bir...

You can see how much their housing allowance (BAH) is and adjust rent increases based on BAH increases.3. 

Possibly BIR strategy, flipping or wholesaling.

The military will get involved and ensure all gets hashed out as BAH is still being payed out biweekly.** My .02

Bah! I

One option where I would justify using the HELOC for a BAH, is to use it to purchase the rental, and use the cash flow from rents to pay it off immediately.

Military BAH is great because it is tax-free.