Its great that you guys are starting to invest at such a young age, definitely on the path to success!

You'll find a buyer no doubt, but definitely noticed places where things did not appear level - could be the pics.  

He definitely will not want to pay a double rent amount than what he would pay if he moved somewhere else.

This year has definitely been the most activity but think it is leveling out, but not for long.

If I were you I would definitely recommend looking around more to see if any of your local lenders advertise as being military friendly or if they specialize in VA loans.

thanks JasonI run my numbers at ARV $75,000 even though he said it's in good condition i still take $5000 repairs and am planning on flip the property.went by take a look from the outside on i will definitely go by to look ot the condition thoroughly though..

Houses can definitely be built for less than $175/sqft - I believe that number is close to retail pricing in our market.  

You may want to reach out to your accountant for verification.Also form 3115 is complex in nature - I would definitely leave the completion of the form to a professional. 

He did mention that he wants to definitely close the book on this property, he mentioned that he would like for the property to be sold before Thanksgiving so he does not have to deal with it during the holidays, but if he has to deal with it during the holidays, he will.My first strategy is to give him the number at $90,000.

All of that may be true, but the OP's housing is definitely low end.