There is a very large military population here, and a lot of retirees as well.

I wanted to know what others thought about this idea;I find/provide deals to my military friends and we partner up and use their VA loan to purchase off market properties.

Majority of my tenants are active military and therefore pose very little risk of lost rent income.

I bought a rental here a few weeks back on a 1031 exchange and rented it for 1950.00 within 5 days.. 100k plus income 750 plus fico Military contractor first last and security deposit.. so I dont know seems OK to me.. in Vegas you dont need the 1% rule to make 1% returns ..

The lender explained since I was forced to move in the military, I could still get the owner occupied rate, if I write a letter saying I did live in the property prior to my move.  

@Ken Latchers...This is my first year in the STR game, so nothing to base it on, but I had March and April fully booked and I've had two 7 day cancellations in the last 2 days...One was a military member that was returning from deployment and the DoD has restricted all travel outside of a 50 mile radius from their bases.

If you were ever in the military you qualify to join PenFed.  

I'm active duty military and currently deployed but that doesn't stop me from pursuing deals. 

Have you started looking into tertiary markets and military markets?

@Rashard Alomari we have been creating short term JV deals for middle-class investors to put their money for the next 6 months and get returns through our military rental program.