I agree that something bigger may be wrong with it, however it is available for an FHA loan and my realtor explained that usually means that it is inhabitable and not in dire need.

You may be be looking at more than just paint and flooring, given the caliber of tenant that inhabit these types of properties (obviously a lot of them had to be evicted).Being all-in at a price such that you'll get gross rents of 4% per month is where you need to be on these low-end apartment complexes.

I'm in the military and am getting out in 10 months to walk into the wonderful civilian IT sector.I want to start investing, but am not sure if this is the right time.

I am a military professional of 9 years, and have civilian experience in  a construction project management capacity.

So, yes, I'd want to understand what their real issue is and then work to address it.My main concern here, though, is that any seller sophisticated enough to make this request is probably an investor, rather than a "civilian."

Fayetteville has a larger military population ~55,000 vs ~39,000, Fort Bragg also sports the largest % of military population interwoven with civilians last I checked it was roughly 55% living off post.

Location is C class working neighborhood, still need to get more info on tenants and need to run inspections to see if any major repairs are needed, but they are currently inhabited so I wouldnt think anything major is needed at the moment.

Each is massive, transit bases.  25K+ Soldier/civilian base that the Army will not shrink.  

I’ve been in the Navy 5 years (with one remaining) and I’m trying to set up my transition out. Currently in Virginia Beach which is where I bought my first investment property. When I get out I’m going to move to Geo...

Trying to figure out how to be a good investor agent.I was an Army aviator for 4 years, flew Cobras until a downsizing of the force put me back in civilian clothes.