Hi all-I am in the Air Force and have recently been stationed in Alaska.

If it's not very deep, maybe 2' or so then I would say it is most likely a lift station for the old septic system.

Yes, PCS is military for Permanent Change of Station, which just means that we are being moved to another station/location/assignment.

Im in the Army in Colorado but currently have a SFH in Texas, unfortunately it doesn't produce any profit (it was my residence when I was stationed there) .

As for the property analysis:2 unit, 2500 sqPurchase price: $179KRent roll $34,200 Gross income $31,350Total expenses $11,920Net operation income $19,430Net after mortgage $7,743Cap rate 9.91%Cash on Cash 17.44%I'm going to put a down payment of $44K for the mortgage.It's a turnkey project, the house is going to be purchased after the house is fully renovated and populated with tenants.I'm paying 10% for management(same guy that renovates the place will do the PM)It sounds like something modest to start with, there is a big hospital next by and a police station in the end of the street. it's also a 11 min drive from the Rutgers University.

Retail center, regional Mall, Hotels, Gas Station, Office Building, Warehouse, ???

I currently own one SFR that was my primary residence when I was stationed in Mississippi, but the Air Force decided it was time for me to move and the house turned into a rental property.

Even if the property you tied up for this loan were a freestanding 7-11, a NNN bank property, a gas station, or an SFR rental, it would still be a consumer loan secured by real estate and subject to DF, etc.

However; I think because of the location, Close to the beach, new outlets, restaurants, Metrolink/Amtrak stations, and a high walk score, etc. it would make a great luxury VR. 

Units are not up to market... there's upside to both, but they have recently renewed leases, I never though about meeting particular needs... this one is literally right next to the parking lot for the train station so that has to account for something.