All real estate is local and all markets have their advantages and disadvantages. 

But the disadvantage is the high PMI.3.

Even a long term tenant if you are out of country and you are managing yourself could be an issue due to time zones etc. but this is worth it to get more info because there may be advantages and disadvantages based on how it is structured.   

You may have some economic disadvantage for a moment but in the long run you will be more productive at everything else and that will have economic benefit.Your thoughts of what you could do. 1031 into passive, retire from Military, hire property managers are all good. 

As someone who doesn’t come from wealth or parents with high financial IQ, it really made me realize why the middle-class and poor were at such a disadvantage when compared to the wealthy and financially educated class.

I understand that FHA puts me at a competitive disadvantage when purchasing but Id like to fully understand my options.

I am experiencing investors boldly and confidently grabbing the opportunity to renegotiate contracts to the sellers disadvantage in lieu of their uncertainty and somewhat desperation. 

So many disadvantages vs. perhaps one advantage.

There is overwhelming evidence that lack of money is a disadvantage and having money affords opportunity, yet people without money still claim money doesn't buy happiness.

I was talking about people who live invest in their own local markets, primarily when those markets don't cash flow or are otherwise disadvantageous to invest in.