I've now used it twice.The program requires 10% down, must be a rental, no PMI, and has a very high standard of credit.Last I did it (Summer 2022), my rate landed in the low 5%.  

Seems too low to be real.

Looking for something with low acquisition cost, and meets or exceeds the 1% rule.  

Also being open to section 8 could help with keeping vacancy rate low.

They are a commodity, and owners are competing directly against hotels in this space, so rents are ultra low.

At this time I manage and renovate majority of all my units to keep cost low but most likely not the best use of my time although I'm skilled at it.

Happy New Year, everyone!
Getting right to the purpose of my post, with all the relevant context: I’m 52 and living near Seattle. I have a good FT job in education administration, but I want to retire asap, focusing ...

Low cost, possibly yes, but also possibly very time consuming and that has a cost.  

.- Low Interest Rates: Competitive interest rates make property ownership accessible, especially for those with stable income like service members.- Military Presence: With U.S. military bases across Germany, local banks are accustomed to assisting service members with financing.How to Qualify1.

Low risk property.