I would suggest focusing on Norfolk over Portsmouth,  its a better market with more appreciation. 

In addition to Nathan's great recommendations, I also suggest verifying that the PMC is licensed.

Any other suggestions -- what about Detroit, MI?

At a minimum I'd suggest $100,000 cash.

Of ourse there is a cult following for some of these programs who swear by it, but again, its simple math and show the numbers. 

This could be simple as a coordination of who the debris disposal transportation will be that everyone uses, so it's 1 entity vs 40 trying to get in and out cluttering up area. 

Disabled and retirees get a certain level of significantly lowered hours and simple assignments, because moving is living and social interaction is needed not to mention there our elders and man we need elder wisdom this day n age so badly. 

I am not suggesting that you cannot diversify however are you looking for cash flow or is buying now, holding for appreciation and or forcing appreciation is your play.Good luck on your journey!

For out-of-state investors, I suggest considering a C-class turnkey single-family home.

Your Lender My suggestion to find #2 & #4 would be to go to the top of this page and click on AGENTS  & LENDERS.