BAM is a conservative operator and understanding of our current economic environment. 

You should have some good economic reason for converting it.There is no court case or regulations specifically prohibiting this, nor telling taxpayers they can do this, from my experience, but again, you asking this question and it feeling a little "too good to be true" is usually a sign the IRS may scrutinize something like this, especially if done repeatedly. 

I’ve thought a lot about the declining birth rate as well, and it’s a real concern for long-term economic stability.

I also received a letter from the county saying that my property is in violation of several health and safety codes. 

What is a good strategy in current economic market for B class properties that don't cash flow immediately?

It's important to note, there are two big economic factors that contribute to declining rents (supply & demand).

. • Volatile Interest Rates• Higher Operating Costs• Economic UncertaintyMarket Dynamics & Investor Outlook:Rising interests rates continue to be one of the biggest challenges for investors, impacting both acquisitions and financing strategies.

People buying need to keep in mind the target audience a lot of young nurses in health care are not going to want to stay in the highest crime rate area of the city so pick carefully for the group you are targeting.

I will also have a VA loan from the air national guard and tri-care for extremely reduced price health care.With this I have the chance to save lots of money, house hack every year with the VA loan and invest with my signing bonus.My biggest question would be what to do with the signing bonus.

The reason lease options get a bad reputation is exactly what you described, people structure them in a way where the economic outcome improves when the buyer fails.