Retirement simplicity: Fewer financial obligations as I transition out of the military.Questions for the group:1.

Keep your focus on how many crappy properties you can buy each year, instead of buying fewer but better properties.

Being nearby allows you to stay hands-on—you can see, touch, and fully immerse yourself in the process.There’s a lot to learn, not just about managing rentals but also about overseeing property management companies.Handling tenants and maintenance can feel overwhelming at times, but starting with a property close to home gives you the opportunity to gain valuable experience.

While the property is in a smaller town, it’s relatively close to a larger city, which I think adds a lot of potential for attracting both short-term guests and long-term tenants.The motel has fewer than 16 rooms, and the nightly rates are extremely competitive for the area.

Those states could be nearby in your market area.  

As the state capital, it boasts a strong government and military presence, supported by the nearby Air Force Base.

As the state capital, it boasts a strong government and military presence, supported by the nearby Air Force Base.

I walked all the nearby comps, gave the seller my opion/list of what his property was "missing" (fenced yard, light staging, add a 3 board fence panel and landscaping here...) and advised him to get a surveyor to mark the lot corners...The previous agent had not suggested they get a surveyor to mark the lot corners when he bought the property to flip....there's a chance the house or driveway may encroach the neighboring property.  

That said, the fewer units a property has, the easier it is to manage, so smaller multifamily properties can offer a good balance between cash flow and simplicity.

Sometimes the houses right next to those a little affected, and gross sewage in the nearby ditch.