But also on their tenant application make sure you get their unit office contact info and commanding officer.

I know it will need a new roof in the next 5-10 years - big oops.Still, I'm ok with this because: (a) This property has seen very good appreciation and even with the falling prices, could command well over $300k today; (b) I have excellent financial reserves which honestly are required if you enter a deal like I did.

I would recommend that you ask for the name of his supervisor and commander.

I am using a FHA loan and according to the agent I can command rent around $1350 per month. 

3rd ward had a lot more on the market and commanded a higher rent, but if you've spent any time in 3rd ward you know that those MF properties that border the museum district tend to be the nicest (hence the higher rent, closer to amenities) and as you go East you start to lose neighborhood quality - this is a gross generalization, of course, and just my observation.

(basically) Plus if you have their commanders/first sergeants information non payment is not an issue.  

@Osazee Edebiri,Bank of America currently accepts coins, but we received word from someone higher up in the chain of command there that they are going to stop in the future.  

One strategy my clients have used before to get around the rental restriction is to sell the property with seller financing - you can often command higher than market rent, and seller financing buyers are typically willing to pay a bit more than market value as well on the purchase price, so you can get a better return in a 3-4 year window than you might have gotten just by renting the property to a tenant. 

I’ve had accounts at my bank through three different buyouts for 27 years but a lot of the officers have remained the same and as I’ve built multiple mortgage accounts with them I’ve commanded better and better interest rates based on the amount of money I have with them and the loans I have with them.

It seems that I could command about 2200-2509 in rent.