REO   $89000 asking price by Country WideOfferred $40,000  -  They said no way. 9 months later I got a call said they would take it if we could close before yearend.

Is there a part of the country, that you can get solid rentals, that are resellable to end buyers when the day comes, while collecting a steady 2%?

I own a pair of doubles in a "not-so-desirable" are in Eastern New Orleans.

First, thanks for your service to our country.

You can get some loans, to further help with tax deductions and increase in wealth.You could buy build-able land and build a subdivision, buy commercial property or buy condo, single family homes in top locations over the entire country, the possibilities are endless.

Some of the largest investors in the country with plenty of money and sense to know there are other options have moved to Carrot (guys who have done 1500-2k deals each) because of the increased performance and they don't have to hassle w/ tech issues... ... which to them their time is more valuable than the $50/mo they may be saving on the monthly payment. 

Check out the eastern panhandle of WV and the Shenandoah Valley area of VA.

I never expect something to go wrong, especially in Eastern NoDak, but I don't want to be caught unprepared.  

The comments in this post is exactly what is wrong with this country.  

For what it's worth, I tour and underwrite 100s of large multifamily properties around the country each year.99.9% of the time, I use the 50% rule for my initial back-of-the-envelope analysis to see if the property warrants more time and investigation.Sure, it's not an exact science and if you have time to run numbers and investigate every deal great, but these guidelines were created by (and for) people who have to make very quick decisions on whether or not a property is worth further investigation.And funny enough, the company I work for owns over 45 large multifamily properties (~9,000 units).