One AC Unit, roof, water heater, trashed house or other common problem and you are in the hole for the year maybe two years.

Employing a few locals to manage and run it, I like the thought of supporting others abroad through monetary means. 

If the house is on a concrete foundation, walk around the house and look for any spots where the soil is missing or a hole is obvious.

I'm not a lending expert, but I believe when you move out, you will have to refi your initial loan with a VA IRRRL.You definitely lucked out with those loop holes to make that deal hot - nice sleuthing!

Purchase price: $300 Cash invested: $1,620 Sale price: $22,000 This property is a *perfect* example of the system I am currently using:House needed junk removal, had an abandoned MJ grow set up in the basement, and had a HOLE in the ROOF - but I did NONE OF THAT WORK :)Buyer takes care of all maintenance, utilities, insurance & taxes.

(since my tenant doesn't have renters insurance and my Condo declarations holds owner responsible)At this point it doesn't appear I will be on the hook for any monetary loss other than my insurance deductible. 

There's also the fact that unions have much less bargaining power today than they did in the seventies, so that greatly decreases the risk that price inflation would keep up with monetary inflation.

Once you know your monetary constraints you can set up a search with a Realtor to those parameters or look for off market deals of course.

This consideration however lead me down a rabbit hole I an not very familiar with.

This consideration however lead me down a rabbit hole I an not very familiar with.