Be able to live off of passive income like so many of you have successfully done and spend time with family, continue Army life in reserves, and fishing :) 

I love to fish and thought about purchasing a "fishing cabin" near the Kenai peninsula near Ninilchik, Anchor Point, or Homer areas near the ocean or river.

Go into your first few deals as educational and be willing to take the smaller deals that the big fish don't want.

At the moment, getting tenants is like shooting fish in a barrel.  

I highly recommend checking out your local REIA or any other networking groups to start fishing for private money.

The other option is to find a new Agent and have them fish for deals in the neighborhood you are interested in.  

Off market properties are getting gobbled up by investors with big networks of real estate agents, loan officers etc, so us "little fish" get very little attention when agents find deals before they hit the MLS... the numbers rarely make sense even if you find one...... so unless you are basing a good deal solely on appreciation and tax benefits etc, its hard swallow buying in this marketSo the appeal of out of state is that at least you have a chance to find some properties than even have a remote chance of being a reasonable deal....you can run numbers on 50....look at 20....put offers on 5...... in CA, with us "little guys" that's never going to happen.

The only reason he got caught was because he parked his company vehicle in some tall grass by a farm pond to go fishing. 

Key Largo is easy to get to and has plenty of diving, boating, fishing, etc.  

Going back up to Douglas Ranch to fish in Oct.