I'd be happy to chat a little bit about various U.S. markets, and opportunities available south of the border.If you like the idea, then we need to pick a date, time and location. 

Hello Gurshan, As you know, Memphis is a prime location for investment properties due to several key factors.

If he's a vet, I'm sure there are resources he has access to that others don't, in addition to the regular places for support (eg local church). 

I know it needs a few things (bathroom size) revised to make it code compliant, and I will need an architect to help navigate zoning (another thing we don't do in Houston :D), site plans, elevation aesthetics and local requirements. 

Depending on location you may or may not want to continue with the plan to rent it separately.

The location is excellent for longterm rental income.

If location is key, coastal property (high up out of the flood zone) especially if there will be less of it...should continue to command a premium. - STR Permissions.

If you haven't already, I suggest getting in some local FB groups for travelers in your area or region.

I'm a local broker and investor in Sacramento.

The location where you invest determines all long-term income characteristics essential for achieving and maintaining financial freedom.