I am currently on active duty and looking to start my Real Estate journey as I retire in the next four years.

Some counties in Virginia loves them because they have little employment so no big population increase = more burden on schools and the tax basis is very high because of the personal property inside of them so they pay a lot in taxesAs you mention need to be near a power source and I spent 5 years trying to get one approved in 30 acre parcel that the county wanted the site for something else - so they can be challengingTo get zoning approved

In our24 years of experience, managing almost 100 S8 leases currently, the average S8 tenant has a FICO under 580, numerous collections from utility & cell phone companies, doesn't want to pay a security deposit, much less an application fee and claims they don't know how to fill out their S8 paperwork despite being in the program for several years - hint: they want YOU to do it for them.Most, not all, are eligible for government assistance due to a funeral-march of bad choices.REALITY: you are trust trading one set of problems for another.You can succeed with S8, but you need to understand the challenges and plan accordingly.

The rents are collected weekly instead of monthly, so there are more rental periods each year, but I assume expenses may be higher as well.Does anyone have experience with SRO real estate?

We have a one-year-old son and want to give him a stable future as well as a solid financial education, one that we are just now working on ourselves.

All additional insight s are welcomed and much appreciated BK Hello, I Know many from around the world that have been buying there for many years.

You can also offer to refi within "x" number of years so they eventually get the entitlement back.

As for the 2/1 unit There is a long term tenant (10+ years) that has a great relationship with the landlord (they seem to be friends as well) and has been paying rent on time ever since they have been there.

After five years you'll have earned $90,000 in rent income and gained $34,000 in appreciation.Buy four houses with $50,000 down on each.

I sold it at a great profit a couple years later, when I decided to move away.People are often afraid of the unknown regarding having to put in a well, especially, and are happy to pay a premium for a place that already has one in place.So, I guess it's more of a land "flip."