Property taxes may be higher (depending where you buy), but condo fees eat up a lot of your money. 

You can also consider investing in syndications with experience ppl who eat, sleep, breathe apartment investing and have been for years.

Remember, what may be obvious to you may not be obvious to your tenant who thinks it's acceptable to flush kitty litter down the toilet and who dips into your fridge and eats that brisket you were saving.

You have managed to save a nice little egg to start with.

My strategy was to work with the subs to put pressure on the GC, although--in the end--I still had to eat some costs.

He donates 10% of his income to the church but doesn’t worry about the fact that stealing from me means his grandkids can’t eat...I was backed into a corner and couldn’t afford a place to stay and a house payment while insurance reviewed.

Once you retire/PCS back here (I assume you’ll try to get your final duty station here), your nest egg will be here waiting for you.Have you worked some numbers?

However, the CPA tracking on the CG/Dep deferral may eat all your profits :)

My biggest worry is if it ever hits 10000, it will eat into my cash flow.The property won’t appreciate by much due to locationThe deal looks great, what do you BPers think bout the property tax situation???

I also provide Hershey bars, graham crackers, and marshmallows for guests...the s’mores care package always makes them happy and I double down with a brick of cheddar, English muffins, and a dozen eggs.