I have property here in San Antonio as an active duty member as well and there are over 10k properties listed for rent in the city.

Each property comes with its own set of risks and every investor must understand those risks and do the minimum - get 3rd party inspections, 3rd party appraisals, verify rents, jobs  and crime rates at city-data.com - before buying.

@James Wise it was always illegal, it's the DAs refusal to prosecute and the LE refusal to enforce is what brough this retail apocalypse on CA cities... 

Purchase price: $118,000 Cash invested: $118,000 Tried to buy a place during the pandemic in NY but was getting outbid like crazy over 100k, so I was lucky enough to buy a condo in tulum mexico and do a short term rental. 1 bed, 1 bath, with community pol, 15 minutes away from the beach and 15 minutes away from the city.

Try to stay close to the median home price for that city. 

There are a couple of things that I would think about here, the timeframe you want to work with this agent (can be 1 month or 2 months or a longer time), whether you could do it for a specific area/city/town, or you could do it for a couple of properties you see.

Isn't it great for the city coffers if they have a few more investment properties? 

Does this mean section 8 is bad, NO, but this can happen in any city or state.

The city can do whatever they want I I have to lean forward and take it. 

You need to research/know the rules, laws and regulations (including HOA if applicable), like you'd do in any US city.