(With your own lead) Tell them you’re looking to 50/50 JV on your first deal so you can get hands on experience from signing purchase contract to closing.

This site is full wonderful hands on real estate I formation and also has well seasoned investors willing to share knowledge.

I'm not sure if every state has the Restore store or a second hand store for doors, trim ect. 

Then when you PCS from Ft Bragg you can turn it over to PM and use it as a rental.I have known several NCOs and Officers that purchased a SFH at each of their duty stations; handed them over to PM and finished their 20 years with two sources of passive income.Highly suggest you look at the southern pines area if there are any deals; that is where you find the majority of the higher BAH earners going.Airborne!!!

I buy distressed properties, so normally a majority of the distress comes from the landlords relaxed attitude towards letting anyone in who has first months rent in hand.

Investing is a life commitment.On the other hand you could try wholesaling, invest a few thousand, work your butt off for a year and only be farther in debt.

If he values his license, he will put a check in my hand by 5pm Monday.

@Craig Oram: Hi Craig, it's been a very active market but getting your hands on MF, etc is incredibly competitive and there aren't a ton just hanging around.

One hand buys from the other hand. 

Regarding pure valuation (aka, what price will someone pay for my asset), I believe Cap Rate is more than a back of hand calculation.