I''m currently Active duty in Hawaii, contract ends in 2020, love it out here but can't wait to get back home.

I would strongly suggest... before doing ANYTHING else... to try to get the owner to allow you you walk through the property and make a more accurate assessment of the condition of the property.

Do this wrong and the clerk will expect full transfer and recordation taxes based on the assessed value.

Even with a non condo HOA, would expect there to be a paid assessment letter at the closing at a minimum.   

I created a FB page (Military Owned And Operated Rental Homes) for all active duty military members to list their properties for free.

Should we expect more or less of this activity under stagflation?

@Cecilia Arnulphi I normally suggest to hit up the state specific forum but Rhode Island is such a small state there might not be that much activity there.

ThanksPrice: $210,000ARV; 265,000Current Rent: $13502018 Tax assessment $259,1332017 Tax assessment $241,900Thanks everyone!

Bryan,Here are the 3 main options to consider:1) Custodial self-directed IRA, lower upfront cost but watch out for transaction and asset based fees, have to go through custodian for every transaction, might be inconvenient for certain investments. 2) Checkbook IRA (aka Checkbook IRA), eliminate transaction fees, higher upfront cost because of special purpose LLC, but long term will provide savings and most importantly a convenience of having checkbook control over your retirement assets. 3) Truly self-directed Solo 401k, requires self-employment activity or small business, the best option if you qualify.

I am an underwriter and nobody has ever mentioned measuring a persons credit worthiness as art, or science, it's just 1 part of assessing their risk.