This is the percentage of costs (purchase and rehab) covered by the loan.

I will die on the hill that the 70% Rule is flawed. 

You previously made the following statement:"Not entirely, if your saving 1 grand a month for a downpayment on property; your first property will be in three years and then you will have to save for another 3 years to buy a second property, so on and so forth."

Hello everyone, what should I look for When I inspect/ tour a condo for the first time?

Don't look for lowest rate, look for lowest cost on fees as you will either refinance out of that loan or sell- the prepay will hit you on the back of the head like a cinderblock wall.

That is on one of the largest arterial streets in the city, massive traffic count.

Find the money and find the deals.

@Ashly FrassoRenting by the room can be a profitable but complex model.

If you talked to attorneys, why aren't you hiring them and following their advice? 

Please consider the following:- Monthly savings: ~$4-5k- Full time job: Traveling and always relocating- No real estate currently ownedMy wife and I have long term goals to live on a remote ranch and would like to use real estate investing as a means to get there.