My Father has been renting us a house in OBX every summer since I was a kid and were both pretty affluent now and I'm floating the idea of us going in together on an Oceanfront somewhere in OBX that we can use a few weeks a year and have it pay for itself via rentals the rest of the year. 

Finally, I look at housing starts, price points, infrastructure and safety - both cities are comparable, although Huntsville seems a bit better.

Moreover, our loan covenants also have restrictions.

I do not have much knowledge on real estate but I am the hitting  books: BRRRR by David Greene, Estimating Rehab cost by J.Scott, Investing real estate with no/low money down by Brandon Turner and finally, Rental property investing by Brandon Turner.Outside of real estate, I enjoy swimming, bike riding, watching anime, playing video games and interests in the stock/house market.Excited to learn and connect with you all!

Trying to house hack with a low 3.5% down with an FHA loan seems like the move toA) get startedB) begin building credibilityBUT, when taking out an FHA loan you need to reside there.

Is there any property loan that offers no or low down payment for veterans?

Hello, I am interested to invest in Indianapolis with a group  of investors.Looking to Buy  houses for fix & Flip at the price of 120K and would like to know about neighbourhoods or areas we should focus on.Thank you

All three units will be funded by us - no loans.

What type of loan is the 9% with?  

@Troy Zapp, if the wife is on board, start exploring the investment strategy of house hacking to minimize monthly expenses and watch your income snowball.