Now that you have 20% equity when you refinance the PMI will drop off you also can lock in a low interest rate that is not available to you if it's a rental vs occupied home.

We are ALL IN and extremely excited about our new lifestyle and freedom!!!

The property is going to need some aesthetic repairs in order to increase value.After reading the Bigger Pockets "The Book on Investing in Real Estate With No and Low Money Down" this seemed like a good strategy to get me going.

There has been additional schools and plants built here, we have 4 seasons, and for the most part our weather is not extreme.

The reason for the low price points and high cash flow on paper is because they are riskier investments than buying in a nice area.  

Then he completes the application and his income is way low and it says he is self-employed.  

Many times my contactors call for big orders from Home Depot or Lowes so I can pay with credit card over the phone.Is there a way to get an account with HD or Lowes so they can put supplies on it?

Cash offers are at the top of the pile, then large down payment conventional, then low down payment conventional, then fha/va, then fha 203k/rehab loans are at the bottom.

@Dylan Tettemer going from any job (active duty or otherwise) into full time real estate is extremely challenging.

I've found J.Scott's books on Flipping Houses and Brandon Turner's Rental Property books extremely helpful and motivating.