I'm not 100% certain about this, but I don't think oil providers will deliver if they haven't inspected the tank.

Many OOS investors set themselves up for failure because they don't truly take the time to understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.8) Class A is relatively easy to manage, can even be DIY remote managed from another state.

@John C Rider, the 1031 model is tailor made for military investors. 

Also, that price makes sense if they deliver the house vacant.  

Hopefully that can give you some insight into the market to allow you to better tailor your strategy!

@Jason CroweWe broker financing to a bunch of lenders and they all have different guidelines, so we tailor them to the borrowers. 

Yes, I would go knock the door, or hand deliver a letter… “hi, my wife and I are looking to purchase in this area, wanted to check if you were considering selling” something like that.

LLPA's are what Fannie and Freddie charge to deliver a loan to them. 

Having a complete and accurate contract with all documents signed and delivered and reputable trades like title and lender support help make stronger offers.Good luck out there.....it is tough....just lost one this week that was a real beater with 13 offers....still lots of cash floating around and looking for a home.

To deliver a high IRR means things are moving quickly, and generally speaking deals with shorter terms are riskier than deals with longer terms, but the upside potential is also greater with your money being returned faster.So, IRR tends to have a higher risk profile than other metrics.