The online attorney source connected me with a local attorney I consulted. 

I'm not sure about the loan qualifications, but I'm sure you'll need an income source (and probably some money in your CPF).

What are some good sources to find good deals in specific areas like foreclosures etc.

We would like to get a HELOC(or similar), to pay back our original source of funds and also have extra cash to pursue the next deal.

The bright side of the property was there was two potential rental income sources.

Sourcing deals is a great way to get started as well.

It was great having roommates and tenants pay my expensive mortgages, so that I had a little more time for important things like surfing, exploring jungles, cliff-jumping and scuba diving.

Their time might be better spent sourcing more deals or doing his/her job or spending the little time he/she has with his/her family.

Final thought: If you are still planning to leave the military in 20 months and don't yet have a solid plan to transition to your next source of income I would recommend avoiding all unnecessary purchases.

Another thing you might do before starting with investing is to get your financing fully appropriate from a bank or other source and give you a loan letter and a copy of it can be in your offers to make the owner more comfotible with you being able to close.Do not try to do everything yourself.