Let's talk about the two choices you're thinking about.

I enlisted in the Army at 18 to get citizenship with a 3 yrs contract... there was no money in the military back in the 90s.We now live in a dilapidated looking house in a lower middle class neighborhood (by choice).

With that said, there are a few scenario's in which that may not be the best choice for you. 

A lot of times, these types of lifestyle choices will start limiting you down very quickly to specific areas, and since you are going to be living in the property, are likely to have a heavy weight on the neighborhoods.  

You get that freedom to make the choice versus being restricted by bills, cash flow, net worth, etc.Each level of net worth is not all sunshine and rainbows.

I made the choice to move to Huntsville, AL to strive for a better future.

So, again having a funding plan is important from the get-go because the choices you made already basically negated this option I believe.

Taking the time to thoroughly evaluate the pros and cons of each option will guide you toward the most suitable choice for your real estate investing journey.

A higher credit score increases your chances of obtaining a favorable loan.Investigate several lending choices, such as conventional mortgages, FHA 203(k) loans, and other rehab loans intended for home upgrades.

I'm relieved, but surprised Hobbs hasn't pushed on the "giving restriction choices back to local municipalities", as that was a big part of her campaign platform.