Being so close to the bases, you could make change it at some point from a long-term rental to short-term (for families coming into town) or mid-term (for military contract workers) and that would earn you more.For now, I would keep saving and invest in something else and leave this as it is.

I liked the smaller towns with nicer schools.

Hi investors,Would greatly appreciate your advice on how to measure if there's enough rental demand in a town. 

As an investor and a Realtor here in town - I would love to be a resource for you.

Even if your town or jurisdiction has regulations, the HOA can choose to pass rules that are more restrictive.

There are various rental strategies, including long-term rentals, short-term rentals, agricultural leasing, and corporate/group rentals.

Two of my close friends just purchased apartments in downtown Punta Cana (which are under construction) and we just built in another beach town called Samana. 

Being able to use the depreciation or accelerating the depreciation as much as possible also helps especially before the end of this tax year.Thank you for this detailed description of how to qualify and I have helped investors use this strategy in Michigan in college towns and along the coasts so I know there is interest.To your success! 

Being open to 4 beds will help you buy in a better location.Brighton, Firestone, Commerce City, Northglenn, Frederick, Thornton, Arvada etc. are all possible although you will not be in the most desirable areas of these towns in this price point.

Any recommendations on key cities / towns within Ohio / Indiana that I should continue to research to further narrow my focus?