Yes it can be worth it, just don't expect to get rich quick lolMidterm rental has been my strategy and I'll definitely be sticking to it for the next few years.

The challenge when renting directly to the government is that they expect below market rents.From what I've read in the past, most institutional investors look at these leases like US Treasury Bonds (extremely low risk) and expect a similar rate of return as bonds.Keep this in mind while you try to negotiate a rent increase.

Your expected plan.  

Typically, you can expect to make a down payment of between 15% and 25% of the purchase price.

.- Consider using tools like the BiggerPockets calculators to run numbers and see what kind of cash flow you can expect from different types of properties.1.

This shortage will last longer than most expect.

I am only saying that to set up your expectation that it might take a bit longer that it would have a few years ago.

Never look at a property being offered and listed as-is because the expectation is that you will take it that way and do inspections for info purposes only.

Hello,I'm trying to figure out what I should be expecting/getting from my agent? 

According to recent predictions, mortgage rates are expected to stabilize in 2024, which could bring more buyers back into the market.Feel free to reach out if you have more specific questions or need further guidance on navigating the Hampton Roads real estate market.