It's also near Cavalier Air Force Base, where I'm stationed at the moment, but will be PCSing soon and don't anticipate on returning.This, as you can imagine, poses a few problems, mainly related to support for the home (ie. property management, repair services, etc). 

Currently the tenants are paying their own utilities and common air utilities are minimal.

It is right on the other side of the east river from Manhattan making it only one subway stop away from Grand Central.

Now understand mine is a 2013 and sits in storage in anchorage 500 air miles from where I live.

I don't own property in Indiana but do in central KY.

I always feel these questions are rarely on the up and up, but here goes.Attorney response: it depends.Depends on desired target return, risk tolerance, active participation willing to make, etc. etc. etc.Fire and forget (forward all mail to Tahiti): Drop all $10M with 3-5 HML funds sprinkled around the USA at a solid 8.00% ROI.Work now/Play later #1: 2-3 ground-up multi-use facilities in central Texas (my back yard) paid for with mostly cash.

My husband is AD Air Force here @ Tinker ourselves! 

I am in central virginia.

Then I take into account the condition of the property and the amount of rehab needed. does it have central air?

The complex does not have central air and previous tenants were using portable AC units that we’re sitting in the window.