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.

Ideally Health & Safety or Rents & Profits in CA, TX, AZ, NV.Thanks in advance!

There are health and safety concerns for both gas and electric ranges.

Health insurance premiums are going up significantly.  

One of my favorite financial and economic podcasts, The Compound & Friends, starts with a 2 min chat on how everyone loves Nashville, saying, “We have employees there, it’s pretty sick.”

It also comes with a restaurant that hasn’t been in service for 40 years, but the structure is in surprisingly good shape.Here’s what I’m thinking through so far:Standard due diligence: +Phase 1 and 2 environmental, city plans/zoning, health department approvals for bringing the restaurant back online.Talking to the Army Corps of Engineers and the local harbormaster about dredging (not something I’d do immediately but want to know long-term outlook) and figure out generic cost for budgeting purposes. 

And now next is health insurance.

Concerns such as the home value decreasing, 24/7 humming noise, increase water bills, increase electric bills and other environmental concerns in regards to health. 

Throw in that many first time home buyers are also the ones who could get hit the hardest with the potential increases in health insurance, rising taxes and property insurance. 

@Andrew Foster some decent advice here, but also some feedback from those who really don't have enough info to support their perspective.Many DIY investors price repairs on materials only and forget about labor as they do their own work.We're a PMC in Metro Detroit, but here's how our process would work:1) MoveOut Video & Pics used to create Scope Of Work (SOW)2) SOW broken down into Priority Categories:- Health & Safety- Government Required (municipality/S8 inspection requirements)- Property Preservation- Marketing Impact / Tenant Retention- Miscellaneous3) Bids obtained if we feel work will exceed Owner Approval Threshold4) Bid sent & discussed with owner to, "redline to their budget"5) Work begins once owner approves & funds6) Completion video/pics providedOf course, while this is going on our Marketing Dept would be doing a rental analysis & ad, and discussing with owner.