First, depending on rank and your command, you could be getting BAH which could be paying down a mortgage.

They are cheap, and will get cheaper in coming recession, as tourism to Vegas will decline, and they have superior growth and great management, that know what they are actually doingADC -(Agree Realty), they do what I do privately, but on a bigger scale, run by Joey Agree , very smart, they have excellent growth, multi-tenant, triple net retail, and grocery anchored Retail, they will benefit from massive secular tailwinds, as there has been under construction in retail for years, due to fear of E-commerce, higher construction costs/insurance costs, post GFC under financing-construction, etc, so existing inventory is commanding higher rents, we are bumping new leases by 7-11%, they will get this endogenous earnings growth for yearsthese should perform well over next 10 years, never buy anything in Real Estate for less than 10 years, to allow to go through cycles, and if you can buy in 401k/IRA so dividends can be re-invested tax freegood luck, you have to monitor your E-REITS like you would any other stock, closely, as they move with sentiment not just on NAV like private Real estate, so you can't just dose em w 200mg of propofol and walk away, not that you'd ever do that :)good luck

Yes""Cool, thanks bill me"In the military it's called "Commanders intent".

Most of the deals that I'm underwriting for clients or for myself struggle to qualify for DSCR loans or pencil out because there's a misalignment between what a property can command in rent and what the monthly debt service will be.

But before that - you might need to check to see if you will be even allowed to do it by your command/orders. 

Because it will, kind of hard to promote yourself as the great "Captain" as the ship under your command burns..... 

Premium properties in submarkets like Santa Monica/Westside and Culver City continue to command the highest rents, often exceeding $45 per square foot.Competitive Inventory, Employment, AbsorptionTotal retail inventory in Los Angeles held steady at 69,464,000 square feet in Q1 2024.

If you make a strategic offer of $70,000, complemented by a rough $30,000 renovation investment, you position this property as a prime rental candidate and can command rents between $1,100 and $1,200 monthly.

Turning the pool table loft area into a full-on game room, or maybe even doing a projector screen with a home theater or video gaming set-up there - that could be a huge selling point for families looking to book a stay with amenities and spaces that will help keep their kids occupied and entertained.One note on the existing hot tub: having an awesome, well-running, clean hot tub can definitely help you command a nice premium on your STR bookings. 

Above $150k is also tough because there are only so many areas that will command price points $200k+ and only so much demand from end buyers.That said, I know people that do it and do well with it.