I bet it appreciates 2 or 3k/month over time.

@Pietro Gaglio hi, any progress on this?

It's a way of hedging my bet using as little cash as possible.

Physical REI is not a paper investment; almost anyone whose invested on paper numbers I am willing to bet is showing a lot less than the reality of if it unless they took realized gains by selling(into the appreciation rate) or cashed out refi. 

But if the license is required and its a flaw on the lenders side you can bet the borrowers attorney will raise that.. 

But that is the key with investing, you need to have your educated guess of future events, place your bet, and hope you are right.

In today's market, your best bet would be a house hack.

I'd bet that for the last 50 years, investors looking at Boulder have felt it was unaffordable, and that the numbers don't work for investors.

My own personal househacking progression was SFH, SFH, Duplex, SFH, Duplex.

@Diana JingCongrats on your progress so far!