@Chance CooperMy husband is active duty Navy.

The one incalifornia is the only navy fighter base on the west coast.

I'm a navy brat, born in Kittery.

The bases are close enough that the Navy considers them in the same geographical area. 

Yea so, I have the numbers below:Purchase price: $87,500The only financing I could get was through my credit union for a 15 year mortgage, but I talked to another bank who is willing to refinance me into a 30 year after I have purchased the property (but they can't finance me initially because I'm graduating nursing school and don't have long enough job history in my position).So, with that said, Im using 7% rate, 20% down, which makes my PITI $744.87; I'm going active duty into the navy nurse corps in August, so if I close on this property before then, I can use SCRA to cap the interest at 6% during my active duty time. 10% property management fee (being long distance, this is a must)5% for each cap ex, vacancy, repairs, and tenant would pay all utilities. 

Rooms are not going to be rented for over $1000 unless you buy in highly desirable DC location such as Dupont Circle, AdMo, new construction in Navy Yard, Columbia Heights etc.

@Don MangiarelliDon,I am a real estate investor and active duty Navy stationed on Oahu.

That said, it a few years when the walking bridge to Navy Yard and Yards is completed, it’ll then be “hyped” and so will the prices.

Or consider the old navy principle of KISS (keep it simple stupid).

Navy officer.