I grew up in a military household, and as much as I'd have to say on pros/cons I'll say don't do it "solely" for the va benefits.

According to the county assessor's website (https://propertytax.utah.gov/real/locally-assessed/residential) "The residential exemption is limited to one primary residence per household."

We pocket a little under $900 after all the household bills are paid.

@Russell Brazil While I haven’t figured out the growth percentage in my area, I can tell you that my town of Bayonne, NJ (where I plan to invest) is 12 miles away from New York City, there are 3 light rail stations, we have a Walmart, we have a new Costco opening this Spring and there are numerous new high end condominium complexes being built around town.

- Must have stayed at your current rental >2 yrs (new as of today) although I did this verbally prior - 4500 take home house hold income from W2 verifiable jobs

Schools, jobs, walk-ability, average household income, days on the market for nearby homes...to name a few.

Let's say you get a mortgage and their is another housing crisis in the time frame you take that mortgage and you can no longer rent it out for the cost of that mortgage then you have to take funds out of your household to pay for it or even worse you can not afford it and have to let it go then you ruin your credit and you lose everything you put into it.

I'm looking at a building of 4 individually pinned 2/2 condos that is out of my area. Anyone have any thoughts on the best way to finance them. One commercial loan? Four individual mortgages? Thoughts? Ideas?

These parameters will help decide what kind of yields you are searching for, which you can use to filter down your list of macro markets.Then I would start by looking at the macro market's fundamentals, that is the population, job and income growth over time.After that, I would look to see what the rents and home prices are and how those are trending as well.I would do a similar analysis, but at the sub-market level for the metro area you are considering investing in.Other metrics that I find valuable to understand are household income, poverty, unemployment, and educational attainment.

More importantly, and what @Todd Baldwin the guest on the pod took great pride in, matching the right personalities in each household.