You have to INTEND to occupy and it has to make sense that you can (orders to the area, for example) and if you deploy, or PCS, or anything else for that matter, you can rent it out.  

But I've been looking into it too, because I plan on using it when I get back from deployment.

Yes there is the SCRA but also understand that many states also enact additional legislation for active duty military families regarding relief during deployment and PCS (permanent change of station) .

A triplex around the corner is fully renovated on the market for 1.1 million, gross rents of about $6,400 and we are a two hour (with traffic) commute from SF.I guess the alternative would be to deploy that 100k across more than one property at a time utilizing financing (i.e.

It seems that in my backyard, there are less options for multifamily, although I have not yet deployed any creative strategy to this in Atlanta either.

I found BP while on my deployment this last fall and started researching this a future business for me and my family.

Before school, I served 5 years in the United State Marine Corps as a Light Armored Vehicle Crewman with two deployments to Afghanistan.I don't have any formal background in real estate, though I have always had a love for architecture.

I'd recommend taking some time to educate yourself on the specific area you are interested in and the particulars about how foreclosures work before deploying any capital or trying to do a deal.

He's telling you to wait a week because you're going to go look at cars in person, or put your contact info on some website, to "think about it" a week earlier than whatever he tells you (this is 100% true, and as a lender I will not believe you if you tell me otherwise... sorry :P ), and the second you walk onto that car lot a bunch of car salesmen are going to descend upon you, deploying various lines of BS as a pretext to run your credit ("it's a soft pull" or "we just need your SSN to verify you aren't a terrorist, we aren't going to run your credit") and close you on a car that very day, and there is greater than a 0% chance you will believe what they tell you and screw everything up.The rule is that whatever you tell homebuyers not to do, some non-trivial percentage of them are going to push it one notch farther than you tell them.

My goal by end of 2019 is to be entirely out of single family, have 1 or 2 NNN properties valued at $5MM, and to have $1M in equity deployed into passive syndications.Having a payed off asset 30 years from now is not as enticing as the prospect of not having to deal with tenants ;)