I would benefit from the decreased cost of living (effectively paying reduced or ~hopefully~ no rent), but also would take a greater role in managing the property seeing as I'd be physically living there.

If you rent it for a few years you will eventually lose that benefit.

Tax benefits.

Still, not knowing where you are going is tough.For military folks, eventually they usually decide on a hub where they want to plant roots (usually when kids are closer to school age) and then the hub stays and the party in the military comes back to the hub.You have the VA benefits and they are great.

Balloons coming due with higher interest rates, China market, China production, Manufacturing production moving back to the US, Worker shortages, Workert pay hikes, Ukraine/Russia food and fertilizer misses, Oil prices increasing due to the OPEC Q1 production curtailments in place, Houthi issues, Panama Canal Water issues, Illegal immigration impact (buy one of those office buildings and rent for $10mm per year for Illegal housing, take advantage) social benefits required, Climate change believe it or not- Buy or sell into that thought process,  US politics, Baby boomers leaving workforce and needing more benefits, Baby Boomers moving from Stocks to Bonds,  etc.I agree things will get worse, but that means more investing opportunities. 

I heard that short term loophole is a one time benefit that you get the year you start service.

This is one we just got entitled for 35 door and its in an opportunity zone so it has some great long term tax benefits. new 35 door townhome community possible BTR 

Also, if you can benefit from cost segregation, we do not know whether it will apply to the current year or to the year of acquisition.

The only way I would see it benefiting you to sell would be if you can step up your equity again with another value-add property to force appreciation or leveraging a more valuable property.

Different areas react differently to macro economic events, and have their unique benefits and issues.