Hi @Rene Hosman -In a nutshell, I find motivated sellers and tenants with damaged credit (or ones without a large enough down payment) and work to put the tenants in the seller's house with an option to buy.

Been with them 8 years, they've never missed a payment and they give detailed quarterly status reports. 

Love the idea of helping out a first time buyer, may run into trouble if she's not the primary resident, check w/ lender but I don't think that'll fly w/o more of a down payment.

I been looking to buy my first rental property I already got Pre-approval loan, down payment and criteria for the house.

You make all of the BAH payments back tax free for you.2.  

Did they have bank statements showing utility payments for the rentals?

You will need down payment money, You will need cash reserves Money, you'll need closing costs money, and you will need to get a bank loan.

Furnitured finder is great for finding professional traveler and I like apartments.com because of their payment setup if free for the tenants and myself.

Look at the values of your 2 properties, consider any outstanding debt, calculate what your payment might look like on a cash out refi, compare that to current or potential rents.

If rates do go down significantly, it will be more of a sign of economic instability.I recommend continuing to save monies until you come up with enough for a decent down payment.