The thing to remember also is that I buy super duper priced houses.

Still there's more risk than a house hack which is probably your optimal strategy.

He will get around $3,100 tax free Base housing allowance and will have $150,000 he can put down.  

Quote from @Scott Vaeth: I purchased a house in South Carolina this past year with the goal of BRRRRing it.

Renovated the inside of the house.

My mother originally agreed for me to refi some money out of the equity of a house we co own but then she changed my mind after I signed the contract on the guesthouse.  

I am under contract to buy and flip a house that I am paying $615K for. 

Institutional Borrowers (With In-House Capital Markets Team): We work with many institutional clients with 1,000's of units under management that have in-house capital markets teams.

There is demand for it and demand in this area for affordable housing, in a tourist area where plenty of people have vacant, second/third homes for seasonal fishing and hunting.

You could go the house hacking route with buying MFU, etc.It MIGHT be interesting if you are a traveling nurse to turn your house hack into a short term or mid term rental while you are gone.