Welcome to the community and be ready for a huge amount of information at your finger tips.

Quote from @Matt Charney: Hello BiggerPockets community!

They told me they have a few SB-9 applications in process and expect it to take 3-4 months (ADUs they're deciding within 30 days).

Hi Richard, welcome to the community!

They found a community they believed in and a lovely house that could pay for itself with the rent income.

Yes, you bought what seems like a good deal on paper, but in reality, you own an old apartment building in a neighborhood with poor security, possibly surrounded by long-vacant shops, streets piled with garbage, and a poorly managed community.

Most military are in somewhat decent communities so I cannot see to many reasons not to.

You screen applicants because you don't know them!

I feel like it would be great to trust a property management company on all of this, but it would be hard not to step in if you could do a better job at screening bad tenants (eg screening HUGE future problems).I initially managed properties myself, but now I delegate that responsibility to my business partner, personal assistant, or a property manager at my brokerage.Most PMs I know will send you an applicant for final approval and you can get on the phone with them and ask them questions

Hello Bigger Pockets community.