Good to see your thoughts on this with a practical example from a client in a similar situation.

Those water pipes are practically non repairable and will need to be replaced largely in areas where they are danger since they are threaded corroded steel pipe.

Real estate is one of the most misunderstood practices in America just because of all the moving parts involved.

- Do you have a place of relocation in mind if I were to buy-out your lease?

Due to job relocation, we moved a year after purchase and have been renting it out.

You want to maximize the protections that you have as a landlord and minimize the recourse that the resident has against your debt.Still, best practice is to call a Florida lawyer. 

@Jonathan GreeneThis becomes a little more challenging when it become real and I’m not just doing practice deals on paper.

The stories you hear of investors making $50k+ or $800/month cash flow on their first deals are NOT the norm.PM should be built into your numbers whether you plan to self-manage or not, especially since you're military and, I'm assuming, could be relocated and forced to hire a PM.

Are you able to practice Jiu Jitsu again? 

It sounds great in practice but is much harder to implement properly.