Real Estate tends to move in a lag as a result of recessionary and deflationary (prices going down) pressures so these effects will not be see the full effects for months, even years.

There are some multifamily properties for sale in and around NAS-JRB in NW Fort Worth, but prices have gone up in the last few years.Multifamily rents lag a bit behind clean, move in ready single family properties.

Be expecting a time lag as you are dealing with the government between the time that  you call for the draw and then the inspection and then the reimbursement.

The market had dropped 95% of the way to the bottom before I bought, but it did lag a bit more into '11 and '12.

These aren't necessarily home runs in the real estate world, but nice solid singles that with enough income to be able to continually invest principle can lead to a very nice retirement in 20 years (my target).I "prefer" to be in the 15 - 20% range by finding more distressed homes/sellers through FSBOs, Craigslist, driving and looking for signs (for sale or for rent) and checking eviction records at the court house (online but lag a few months behind). 

VA usually mirrors FHA, but I have heard they may lag a bit.