You might consider Niche or Specialized Housing like student housing.

@Matthew RembishUSAA has some amazing listings: https://www.homecircle.com/I am very interested in military communities, so here are a two others:http://www.militarybyowner.com/http://usmilitaryfsfr.com

Is it standard practice to just continually put away that 10% in a special account that's for "repair funds" for each property? 

What special permits and local committees will I have to deal with??

Scott The Book on Flipping Houses, The Book on Estimating ReHab Costs http://www.biggerpockets.com/flippingbookYou might consider Niche or Specialized Housing like student housing.

You might consider Niche or Specialized Housing like student housing.

Do we have a special paperwork4.

They can sit down with you and explain the legal benefits between different types of organizational structures; LLCs, Corporations, Professional Liability Corporations, special Statutory Corporations available in your state, limited liability partnerships, general partnerships, etc.There is no one size fits all, and an LLC may not even be in your best interest.

Awesome thread idea :)1) how and why did you get started.My husband is active duty military.

I have thought about specializing in this niche before.