My husband and I are moving to Ft. Campbell soon and are looking at several homes. (we are both in the service) We are unsure if we should rent or buy since we may only be there 3-4 years. Buying looks like a good deal in the Clarksville area, mortgage for a home we like at 139,000 would only be around $800 per month with insurance and taxes rolled into an escrow acct. The same home would normally rent for around $1100 per month. (and then insurance premiums on top of that) The neighborhood is good and all the homes were built 2005-2007 so shouldn't have too many issues with maintenance. Just scared of buying then having to PCS and either try to sell or become landlords. Just trying to get advice and more perspectives to help us make this decision.
It would be a much better idea to buy so long as the house is in a decent neighborhood with decent schools nearby. When you leave, you can either sell or have a property manager rent the property out on your behalf for a 10% cut. It's generally a much better idea to pay the 10% and protect your investment than to attempt to find tenants while out of state etc...