It suggests neighborhood analysis, market research, exit strategy, and VA benefits.Good luck!

As a good starting point, I suggest getting information on a few different neighborhoods and setting some goals.

It is a very block by block city depending on the neighborhood.  

If you start in an affordable Sunbelt city like Birmingham or Montgomery, for example, you can acquire a turnkey rental in a B or C neighborhood for around $120,000.

*Neighborhood drive bys could get you shot.

That means no HOA neighborhoods, which rule out many places.  3bedroom might make it tough to work, unless you're sleeping in the laundry or garage and renting full 3bedrooms. 

With room to enhance its value through upgrades, we saw the opportunity to deliver a strong return while helping revitalize the neighborhood.

I’ve personally house hacked in the Irving park neighborhood in Chicago with a multifamily so not completely relatable experience to what you’re looking to do but hopefully can provide a few insights.If you go with the suburbs in a SFH, you could rent by the room and presumably increase cash flow.

I will continue to tweak my plans and eventually find a nice niche that fits my investing style.   

I have a few thoughts on the above neighborhoods...