I think you got it backwards Sam Leon is the landlord.One thing you need to consider is what is your grass worth?

Also keep in mind that as long as you are active duty, some of the capital gains rules won't apply for the whole 2 out of 5 years owner occupied exemption.And don't get too caught up in the formulas on here - they are valid and pretty solid to go by - but you're looking at getting into an income producting property with zero down, fixed rate, low interest financing for 30 years and Uncle Sam is going to give you a nice tax free check every month to pay for your quarters while in reality your neighbor is buying your property for you.

In the most recent podcast (#33) Sam Craven mentioned mailing yellow letters to motivated sellers with high equity.

Sam is a Pittsburgh investor who is a bit ahead of you.

Sales sam?

Sam W.

@Sam ShuehI assume you mean they are sitting vacant in Cupertino?

@Sam S. did you ever recover keys and / or security deposits?

@Sam Grooms and I syndicate apartments in Phoenix.

Finding an experienced investor friendly, experienced realtor is KEY, as @Sam Valme suggests.