I think catering to military rentals in Oceanside, national city, or imperial beach might be a great niche for you to get into using your VA loan.

Hello BPI was wondering if anyone here has any experience with using the Military Choice Mortgage for investing? 

I just got out of the military, my mother just passed away recently, and I inherited it. 

He shared a great anecdote from his time in the military, but I won't dare retell it.

Another option, that I have used, is threw Navy Fed, 100% military homenbuying program.

As I've been reading here, most military folks have been doing that since the VA loan requires you to live in the place for at least 1 year and we change stations a lot.

@Jason Richey I already got a feel of this house, I lived in it all my life except after joining the military @Mags S. 

@Dennis CobosAs far as I know, there are only a few ways to avoid paying PMI with less than 20% down:Serve in the military.

Considering you are in college you have a HUGE opportunity that most people don't have, also if you are in the military you have just as big of an opportunity but in a completely different way.If you are interested we can sit down and talk and I can try to help you find some ways that might work for you.

In my opinion, $200 per month, for a property in an extremely sought after area, with a tenant base that is extremely consistent, with military and government in the area not going anywhere, is a reasonable investment to stick with.I agree with @Russell Brazil, that you should hold the property in your portfolio.