Seems like a common scenario for some of the active military we've helped in the Tucson area recently, feel free to reach out if you have any questions!

I'm originally from BR and am fairly active there. we see a lot of inventory so also happy to chat offline about this

Your goals will define the route you take on this but building a list for buyers/investors is a time-intensive activity and the list is a living and breathing document.

Active vs passive. 

I am active duty and currently stationed in Jacksonville NC.

I'm actively looking for PM in Cincinnati area.

Jaco Beach, known for surfing and close proximity to the San Jose airport started new construction projects, that will require an increase in the variety of activities for the tourists.

I would have a conversation with the tenant, and then after that if you determine that’s in your best interest and theirs to seek out a new tenant give them plenty of time and make sure you leave amicably because in case you get more rentals and they are looking in the future, I have a higher income that relationship is sure to last, which means that you have guaranteed business in the future.

You will need to find partners, you will need to travel to where you wish to invest, you will need to understand the ins and outs of the business by being actively involved and treating it like a business and not some super passive investment.If you don't want to do that work I suggest you just put that 200k into some sort of diversified mutual fund that can make you 10+% on your money without any of the work of real estate.At the end of the day this is just my advice and I'm only a stranger on the internet.

As those prices fluctuate, there is a builders somewhere putting his feet up waiting to see a market turn more active because the last thing he wants to do is start paying crews to build houses, that could drop in value while he's halfway through the build process and losing equity halfway into the project.