I can only give you two bits of advise...1- Use that 50K on your current business and try to get your revenues higher and more steady. 

The pros is you get a BAH (housing allowance), great insurance and steady pay check, the cons is it’s not very much starting out depending on if your going enlisted or commissioning?

Some cities also have city imposed transfer taxes, these will mostly be your more progressive areas like Los Angeles and Oakland/Berkeley.

And a very practical reason: because that's where I live and I don't want to drive 45 minutes to meet up with a contractor and check on todays progress.

-electrical, plumbing updated, re-insulated-Central locationThe cons:-low income/disability tenants (however have been there for years and seems rent is steady)-the house was built in the early 1900’sWith a purchase price of $330k - the cash on cash returns look great, I do think it’s undervalued if going off cap rate as most multi is in the 5-6 cap range.The hard part for me is getting my head wrapped around that old of a building and the tenant profile - usually I focus on Reno’s and attracting high quality tenants....with everyone on here I’m sure some of you can shed some light on your experiences and any advice?

can i take out any loans on a rental property i still owe on to progress me to mortgage another rental property?

Scanlan, added his commentary: "Regional single-family home sales posted strong gains this July, indicating the summer selling season is likely to remain active and steady throughout August.

Is it in the path of progress?

I think the rates will stay steady and potentially drop a bit in the next few months, but heading into 2020-2021 the rates will begin to increase again as the market doesn't seem as "hot" as it was earlier this year.

Great job and I'm looking forward top see how things progress!