Ideally, the property would have a small yard for our dog and be within a 45-minute commute to the base.LIKELY: To purchase an initially low/no cashflow two to four unit property with moderately difficult rehab opportunities, a small yard, with a longer commute time.First, is there something I should be aware of or may have missed?

A purchase in a Low to Moderate Income Tract (LMI), such as Hillman City here in Seattle, would qualify for special programs with better features than regular mortgages with a 2% Down Payment Assistance with certain lenders.

If you like that area, try finding a moderate rehab single or multi family property in San Luis Obispo.

From Tampa Bay north and then inland, there are huge influxes of residents who want to live in a moderate climate and be close enough to go to the coast if they want or Orlando but not necessarily live there. 

As one of the original BP members, a very long time moderator, AND a BP podcast guest twice, I can say that BP does not endorse anything, they simply offer a means to educate yourself and network with like minded people and it has been a great resource for me both when I was fairly new and even today as a seasoned investor.

PS: I would make the exact same post as this whether I was a moderator or not.

In other words, if IBM was to become  great company one day, it would have to act like a great company long before it ever became one.With that being said, even though I currently only have single-family residences with moderate equity in them, I do dream of having hundreds of units one day with large amounts of equity in them.

Have a deferred maintenance plan.Michael P Currie[Moderator's Note:  Removed self-promotion URL from forum post]

[EDITED BY MODERATOR - Link expired]The five states they list as having no redemption period are:Texas, Georgia, Virginia, DC, and New Hampshire

Yet it is something that even the moderators are unlikely to see.