And as I continue to see more and more "we buy houses, cash" advertising, even the distressed homeowners are likely getting multiple offers from wholesalers, driving up the wholesaler price, which means higher price for you.

@Roopesh KrishnamoorthyFinding cash flowing SFR is going to be a challenge (especially since you are looking for a primary at this point) and if you leave (H1B lottery) then do you plan to continue to fund any shortfall from India?

Another property continually has squatters even with boards up and bars in front of the windows and doors.

After the purchase, Thorpe created 3917 Densmore LLC and established Walters, a Northlake employee, as the sole member of the new corporation, claiming that Walters was the homeowner, and that he intended to live in the home.During parts of the investigation Walters and Thorpe shifted responsibility from LLC to LLC and from person to person.

If you start communicating before things get all legal, then that shows everyone in the neighborhood that you are willing to work within the regs and with the neighbors in order to fix issues.If you aren't the problem, things are smooth with your STR, then you want to convince them that they should let things continue and penalize the problem properties and not yours.My 2 cents as per usual.

Also, how can you confirm that they are going to continue to be in the military for some time, and not going to get kicked out or discharged, or already has been?

If you need an exit for a reset this may be an option you want to investigate further.  

We use a YTDpaystub and last year’s W-2(s) to calculate income several different ways:Hourly or salary income calculated to a monthly amountYTD income divided by number of YTD monthsYTD + W-2(s) income divided by the corresponding number of monthsIf these numbers vary too much, then we investigate and require an acceptable Letter of Explanation.Employment StabilityUnless an applicant has exceptional credit, we strive to determine their stability of employment to make surethey’ll always be able to pay the rent on time.

You could just let the tenant continue renting on a month-to-month basis. 

I appreciate your input in my continued efforts to gain more knowledge on investing in rental properties.