The big pros are the strong job market (lots of major employers), good population growth, and still-reasonable entry prices.

As for income verification, I require the applicants two most recent paystubs and if self employed I need their most recent tax return.

It will probably require $100k plus to proceed.

I'm curious how you would handle managing when working a full-time job in the military.

Vitaliy, gave you solid advice and did a good job of explaining some of the key issues.

I hold a w-2 job currently and considering transitioning to holding some properties.

If one partner unconditionally guarantees the debt, this can sometimes require some side room guarantees to that partner to ensure no one recognizes a capital gain.As a few others have alluded to, there is a secondary problem known as a "debt financed distribution interest expense." 

For the sake of thoroughness, his job at Mutual of Omaha corroborated on his LinkedIn profile and FINRA; and at the time of his December, 2017 offense he was 50 and the background shows he is 57 years old.

My two cents: get a job and HUSTLE right out of school and create some income and save up some capital.

I understand this is not a requirement, but I have never received a damaged unit from an inherited tenant or any legal issues.