If he has any remaining self-worth whatsoever he will talk - about how much he respects you.

I can respect the "safety net" aspect of it.

If I expect good from people I tend to treat them with more respect, more patience, and more professionally.  

I respect a husband/father who provides stability for his family over someone who may strike it rich but also may strike out and put his family at risk.The only thing I would recommend is that you 1st invest in your roth IRA (since you don't have a job yet), 2nd into your 401k up to company match, and 3rd into real estate.  

With respect to the limit on financed properties, a lender will do research and see that there is a property in your name.

Remain respectful to your tenant.

As for the service act that allows them to break a lease early, not sure it applies to a foreign serviceman, but you would respect it because you don't want to be on any blacklist at the base.

A 203k Loan is where the purchase price and rehab costs are rolled into a single loan.Assuming you have a respectable FICO you can buy, with a FHA Loan (3-5% down, a 30 year amortization schedule, and a residential loan rate).

I have begun my wholesaling campaign and just wanted to get some advice from some people that have been successful in their respective market.  

Running a business in a different industry I had lots of hope for what a PM would do but also respect for what they can afford to do for just 10% of rent