Many groups buy cash flow negative deals and overraise to pay distributions right away. 

I'm an active duty military member and our family has been moving around the country for the past 20 years so we're excited to begin buying some places we can hold onto.

But yes long term I am interested in buy and hold single and multifamily. 

Last thing to consider is if you are buying a new home, will you want to do 100% financing and will you have the remaining bonus entitlement to do so.

Then, if you can trend over time you'll want to see where the "path of progress" is going/moving and attempt to buy in that path of progress to gain some appreciation in the future.

Don’t forget practical items like toiletries, a cozy blanket, and a handwritten welcome note.To balance cost and quality, consider buying in bulk or looking for local products that offer great value.

It allows the sponsor to buy and sell real estate within the fund as well, maybe doing multiple smaller deals.

Dial in your buy box, then be swift/actionable when ready.

It's important to narrow down on the locations and conditions of properties you're looking to buy so you can align your numbers with those expectations.

Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?