Now sure what index the arm is based on but it is I would expect that the rate can go up or down 2% after the first 5 years with a cap usually around 5%. 

Cleveland, OH...the country's best kept secret.Cheap cost of living (housing, entertainment, etc)Incredible Park System that runs throughout entire Northeast Ohio (Metroparks)Professional Sports (Browns, Indians, Cavs, Hockey, etc.)Playhouse Square (Biggest theater district in the USA outside of NYC)Rich history (steel, industry, Rockefellers, etc.)Museums (Rock and Roll HoF, Art, etc.)Prestigious Universities (Case Western Reserve)Incredible Food due to multi-ethnic old-world population (Slavic, Arabic, African American, Latino, etc.)Lake Erie (and everything that comes with it, boating, beaches, etc.)Excellent Suburban school systems (I am a produkt of deeze skoolz)City Pride...you don't get it unless you're from hereThe worst part about Cleveland is the weather. 

I am active duty army and did exactly what your are trying to do.

Hey guys,My name is Hunter and I recently got turned onto bigger pockets from fellow Army buddy.

@Jimmy SmithI would look at Fort Bragg/Pope Army Airfield.

Is anyone here in the Brevard County and Indian River County areas of Florida?

I am retired from US Army and I joined this site to get help in investing in real estate successfully.

You have Dickinson Law School, the Army War College, many warehouses, Giant food store headquarters, and many of the surrounding school districts (Carlisle, Boiling Springs, Big Springs, Cumberland Valley, Mechanicsburg) are pretty good.  

Also, Vietnamese food as distinguished from south Asian (Indian) or Chinese take out vs.

One 30+ year veteran I know has 25 assistants and is a powerhouse, she hires directly out of college (myself being an example), and most of her hires are female because the young men with their fancy humanities degrees from fancy universities are mostly all delusional and want to start off with some lofty high foluten title and position that they frankly aren't qualified for (I obviously did not have this delusion), no matter what non-mortgage experience they have... if you join the Marines after 15 years in the US Army and six deployments to Iraq/Afghan, you start off at recruit training with the 19 year olds, and you get promoted "demoted" from Army Staff Sergeant to Marine Private.