Hi Frank, I'm sort of in your same boat!!

I'm in a somewhat similar boat.

We are also very interested in anything near a military base.My main concerns are:- Managing a renovation remotely- Incorrectly evaluating a deal- Finding contractors and property managers I can trustWould love to connect with any of you who are either in the same boat or have experience/guidance/advice in these areas.Thanks so much, looking forward to learning all I can!

I am on the same boat but I am looking at an out of state investment.

I assumed many others on BP were in the same boat.

if you're forced to take his deal or nothing, then walk. if you're feeling some kind of social pressure to take a deal you don't want for ANY reason but especially if you think he will only help you because he's making money on you, WALKsounds like you just don't want to rock the boat which I understand, but that's a bad habit to get into.

Alecia Bunch I’m in the same boat as you.

My long-term plan is to collect this money, bank it and use it to renovate each unit one at a time slowly (as to not rock the boat with the current 2 tenants) Eventually in resulting in a building worthy of charging some premium rent prices for the area. 

I know once I have a kid it mite be more unrealistic to live off 35k but I'm sure it's possible if your willing to sacrifice enough others do it. comfort is secondary we can be comftorable when we are rich she is mostly on the same boat all though not quite as extreme as me in that boat. but she follows me and trusts in the plan.

I’d be tempted to take a whirl at it pro se, or if there are other individual owners in the same boat, team up.