TurnKey, Buy-and-holds, flips, or maybe long-term rentals?

There were several mistakes made on my tax returns that I pointed out, which required going back and forth with their tax preparers, and asking repeatedly to cut to the chase and have a phone call.

I'm an active duty military member and our family has been moving around the country for the past 20 years so we're excited to begin buying some places we can hold onto.

Then repeat once you work the HELOC down to zero? 

;)Let me use a different example, and I will stop repeating myself after that.

Quote from @Andrew White: Investment Info:Single-family residence buy & hold investment in San Antonio.

Everything is case by case but from what I've seen you can almost never loose holding long term.

The high appreciation market will be the higher cash flow market over the hold.  

Denver is very expensive for a new guy who doesn't have loads of capital so a market like Missouri for example is intriguing for far cheaper real estate but then Id either have to move, improve the property remotely or simply buy and hold as a rental for X time. 

One major things to consider that many newer investors miss with 5+ units, is that if you intend to hold, the property will need to be at least 75% occupied and stabilized before you will be able to find reasonable financing terms.