If they are someone who manages their money correctly they can bounce back and catch up, or set their self up where it doesn't happen in the first place. 

I too love rehabbing but unfortunately most of our investments made sense as shot sales so more paperwork and less fixing :(  My passion is self management and I manage these rentals from all over.So great to connect to another military wife!

I'm looking to find partners for rehabs, self-directed IRA investing, buyers, contractors.  

I would like to roll this 403B into a self-directed IRA, but I can't do that until I pay off this loan.

Property taxes and insurance are as a percentage of your gross.I try to shoot for 15 percent, but it usually falls closer to 17/18 lately.I figure if I am self managing, if I can hit 15 percent. that allows 5 for vacancy, 10 for maintenance, and 10 percent for capex, to get to 40 percent overall OE'sWhat's everybody else getting in their market or shooting for?

I'm also self employed with a lot of write offs so it becomes a little tricky to get qualified but I have a cosigner if needed. 

Typical commercial lending is LTV 70-75%always an ARM, like 20 due in 10 (or even 5)property self-sufficient (aka DSCR 1.1 - 1.3 depending upon the lender)with an NOI that supports reserves 10%, vacancies of 12%1/2 year prepaid taxes AND insurance (last parts of PITI)Your personal credit should not be part of the qualification process.

It is an amazing supportive community of military landlords from self managing to property manager, to reluctantlandlord to empire builder.

Provo is a great place and will not likely drop much even in a downturn (I have 2 buy and hold rentals there now) Trying to cash flow any new purchases in Provo is extremely difficult unless you buy condemned property and rehab it all your self (and don't mind still paying $150/sq ft for that) There are to many wanting to pay too much and gamble on appreciation.

I intend to create a passive income stream sufficient to take care of my disabled daughter after I am gone.