For the majority of banded now, they have entered in a Public-Private Venture where these companies have signed long-term contracts (something like 50+ years) to manage ALL aspects of the base housing in return for the occupants BAH.

I live in Austin but I do want to invest in the Fort Hood area for buy and hold, because Austin and Round Rock is a market for flipping.

@Susan Holmes, he's in Little Rock.  

Rooms already have electrical and sheet rocked even carpet. 

Better to just rip the band aid off than string you along.VA Loan guidelines say two things:GI Bill income cannot be used as qualifying income.Rental income cannot be used as qualifying income until you have two years of landlord or property management experience. 

Round Rock is a great area for a rental and I've helped a couple investors find homes that meet the 1% rule there.

Has anyone every looked at or own property in Blowing Rock, NC?

By narrowing yourself to Option A from the beginning, you are ignoring potential great opportunities in B and C.Then if you have several viable options you can go with either the higher roi or what meets your long term goals.

its a very very competitive market for buyers and investors...a good deal usually gets bid up in "eastern" la aka silverlake echo park highland park mt washington eagle rock etc...theyve become extremely desirable. 

How can I get the most band for my buck?