I’ve bought 14 houses with no out of pocket $ from built up equity.

Quote from @Ryan Fox: @Trent Davis- I bought the property last December and didn't notice any foundation issues at the time. 

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A strong buyers market indicates sellers price cutting and listings being bought under value which would lead to equity losses. 

ThanksA property two doors down from one I own with an old house shoved in the rear of the lot sold for $650k in 2018, the developer that bought it built a new house in the front and had the old house declared an ADU.

I once bought a house that was so terrible of cat piss that you virtually couldn't go in without a respirator and I thought I'd have to tear out the subfloors to fix.

When I bought my place, at first you could tie the sewer line to the main house.

Quote from @John Williams: I recently bought a home that has an attached dwelling unit where Im planning to move in and rent out the main unit.

I’ve bought my primary with various Schedule C income and refinanced a primary with lots of schedule c and a number of properties (mostly owned in LLCs but reported on my personal return).

Another friend bought some with his TD Ameritrade account (some fund).