Any tips on marketing or preparing a property near a military base for this kind of rental?

Hundreds of hours spent listening to podcasts and reading books on and off during that time kept the dream alive and prepared me to take the leap when an opportunity came up.I had received my real estate license about a year earlier to make some extra money but we were hitting a point in our debt and near future expenses that I knew I had to step out and make something happen.

The thing I didn't like about RentRedi after doing lots of research and preparing a spreadsheet with features and costs, is that RentRedi doesn't disclose up front that the accounting portion is linked to another company and is extra and, frankly, comparable to the pricing of the "big boys."   

If the home is occupied, there's usually 1 group showing scheduled, so you'll want to come prepared with your comps and ARV. 

Run realistic numbers and be prepared for the worst.

GC's are all very well prepared in contracts now post covid, so there will be job stops when there isn't $ to cover those job cost runs. 

This will allow you separate business income and expenses from personal income and expenses.Since you plan to house hack your bookkeeping and tax return preparation will be more complicated because a percentage of your home expenses will be personal deductions and some will be business deductions.

Plenty of investors succeed with out-of-state properties, but preparation and due diligence make all the difference.Good luck, and let us know how itg oes!

Just be prepared for potential vacancies.My advice is to build relationships with university housing offices.

If you want the "best" rate, be prepared to pay for it.