Investment Info:Townhouse buy & hold investment.

If you are using it to buy a turnkey property which needs to produce cash flow to be considered a viable deal how does buying turnkey(Little to no cash flow) combined with HML(High interest only debt) make alot of sense financially? 

You lowered the amount you had/have to buy with your exchange.

Our initial goal has been to buy a property every time the Army relocates me (roughly every two years) and rent it out afterward.

Jerome has 2 programs, Buy Build Flip for $7,500 and Build Wealth Mastermind for $20K. 

Does anyone know if buying a condo in Miami is a good idea?

There's actually a moratorium that doesn't allow foreigners to buy most properties.

Quote from @Steven Catudal: Hi all,My partner and I are looking to buy investment properties in Alabama, specifically Birmingham.

@Sean Dillon figure out how to buy a 2-4 unit with FHA loan.Then rent at least one of the units long-term for stable cashflow.Try STR in another unit as well as the other bedrooms in the unit you live in.You may even consider living in the basement, attic or worse unit in the building to rent everything else out and max cashflow. 

The type of home you buy determines the tenant you get.