@Travis Smock A cost segregation study could benefit your 6-unit property by accelerating depreciation, even on a lower-value property like yours, especially with low land value.

We were told the secondary market started rejecting the lower priced paper that they were originating and they were forced to raise the rates.  

.- My Resources / Constraints: I'm in a by no means unique, but perhaps less common situation for those getting started; I'm a somewhat senior software engineer at a tech megacorp and should be able to save a couple of down payments per year for lower priced houses (100-200 in my area), or perhaps one medium priced house (300-500).

Generally lower than ordinary income taxes on sale depending on your tax bracket and holding period.Whether or not you are considered a Primary Residence vs.

But I do appreciate r this sentiment as it does lower competition in the area :). 

They're working class or in lower income areas. 

However, I also understand that lower housing cost may saturate the rental market. 

Again PMI offers the lower rate because its less risky and offers insurance to the bank.So when you sell your current home try and keep as much as possible and avoid an "All Cash" offer.

I’ve been in a similar situation, and I think the idea of buying in lower-cost areas to renovate and rent out is a great play.

When they do, expect much lower leverage.It sounds like you haven’t purchased the land yet.