Lenders would most likely approve something like this for a military/veteran married couple or a syndicate with contracts in place.

After including all of those line items it would be good to see $150-$200 per month per unit. 

Alternatively, you may receive a counteroffer on the rent amount and be asked to either accept or deny.If you are unsure about the items needed for the initial inspection, I suggest asking the housing authority for a checklist.

San Antonio is an rich vibrant city full of affordable housing, tourist attractions (Alamo, riverwalk, sixflags, white water and more), military bases (Fort Sam Houston, Lackland Air Force Base, and Randolph Air Force Base) and surrounded by great suburbs (Stone Oak, Alamo Ranch, and the Dominion).San Antonio reclaimed its spot as the nation's fastest-growing city in 2023. 

And what are some additional CAPEX items that I should be factoring in besides the roof and HVAC?

Not allocating cap ex and maintenance because an item is not expected to fail soon is simply providing a misleading return estimate.  10% maintenance/cap ex ($132) is less than half of reality and maybe less than 1/3 of reality.  

I have big items backing up now like a garage roof tarped I can't afford to reshingle, a back fence falling apart at my own home, leaning trees that need taken out....

If you're receiving any military pension or social security income, we can use that as qualifying income as well.

I'm grandfathered into USAA because my wife's grandfather was in the military and it just got passed down so I know some military programs are like this.

@Alicia MarksCan you set up a forum and investing program for active military personnel?