I've found a few deals but the properties are inhabited by tenants who are either in the process of being evicted or they need to be evicted for being behind on rent.

I feel the culture in the military is to serve for 20 years then get out and start your civilian career for another 20 years finally to retire with the stacked retirements.

Transaction costs are there so it may very well depend on price point and time expected to inhabit.

The house will need to be finished and in habitable condition when the appraisal is done. 

Often that means all systems, ie, electric, plumbing, mechanical, etc must be inspected and approved with the current code regs.It's best to know BEFORE you buy or try to wholesale what exactly the powers-that-be will require to un-condemn and give the property a c/o so it can be inhabited again.

Hope you enjoy the rest of your time in the military and enjoy retirement as a civilian!

The location for this deal is situated in a smalltown with around 1000 inhabitants and the population has been decreasing steadily.

Civilian.

If you’re looking at a buy and hold rental, the shelter will certainly increase your turnover rate because it won’t take tenants long to grow tired of the drama that the shelter inhabitants bring to the neighborhood.

@Shannon Richardson, I watched your video... it was difficult to see, but it doesn’t look inhabitable to me!