I am analyzing a couple 4bd/4ba and 3bd/3ba condos in College Station.  

Currently in the military stationed in DC.

I bought a new townhouse in NE San Jose for $525k in 2009 (in 2011 they announce a new Bart station 1/8th of a mile away in Milpitas and then a $760k townhouse in Sunnyvale 1/8th of a mile from caltrain station in 2013.

I was stationed at El Toro, CA for 4.5 years before it closed.  

Hubby and I started buying when we were stationed in England as young airmen, and have now been doing houses for a number of years. 

My wife was stationed at Ellsworth AFB near rapid city , I would love to live in that Area .

Was stationed in SoCal, Okinawa, and deployed to the Philippines.An odd combo of a gym rat and a bit of a nerd.Compete in amateur strongman competitions.As far as my goals go this is copied from my profile.Task 1: Debt freeCurrently, I'm on the cusp of accomplishing my first task on this road and for me that is 100% debt free.Task 2: 6 month emergency fundMy primary occupation ebbs and flows so an emergency fund is going to be key for my financial safety and health.Task 3: Save up roughly 30kUtilizing the VA for the purchase of my first property means I won’t need a down payment but having money to invest and fix up that first property will go a long way to speeding up my success.Task 4: Buy and renovate my first multifamily property (BRRRR)My first property is up and running and providing positive cash flow.Task 5: Expand to 3 properties within 5 years still utilizing BRRRRGet those properties up and running smoothly and make them highly desirable.

Other details: The home is less than a 5 minute walking distance from the train station (<40 min to NYC); the neighborhood is what I'd estimate a Class B+; the home (from pictures) seems to be in OK condition but may require some touchupI understand this is an owner occupant deal since I'm using an FHA loan, however I just want to run the numbers assuming it is fully rented out so I can judge based on its cash flow merits.Finally, if this is a good deal and I should pursue it, how exactly do I get it?

Who are you finding "destressed homeowners" I'm currently stationed in Hawaii so I can't drive around the ares I would like to buy in.

My personal prediction is that this complex, which is already under valued, will just increase dramatically once the revitalization is complete and the light rail station goes in.