I'm still learning how to do due diligence on the growth considering the current economic climate.

That's a recipe for disaster in the current climate.

I do believe in climate change in real estate, and that the climate of real estate is changing from overcast big cities to move toward the middle of America.

I guess another option would be to repeat the same Regions Bank refi on this property as well to free the cash up to make another purchase and then refi again in December.I have looked into commercial lending and these properties wont cash flow very much using the 15/20 yr terms they offer, or at least the ones I have spoke to.The overall goal is to pay cash (from HELOC) for properties and then refi them into 30 yrs for as close to ARV as possible and as fast as possible :) I know it's a tall order in this climate.

With what the climate is today are there any meet ups here.

Given the current economic climate, (which I think is in a much more dire situation that some perceive) do you see an influx of section 8 demand?

All my people that I love and support and cheerlead for (Every small business in America) have been decimated, we have no idea of what impact this will have and our current climate seems to be a bit anti business)  (I could go on but I will step down from my soap box- do not get me started)  

You both had me challenging my own biases and assumptions about these options.After reviewing the numbers some more, and considering our own finances and the current economic climate, we decided to proceed with the "cheaper" deal, Property 1.

This whole economic climate has me doubting myself or at-least my past experience which has only been in a strong economy.Any other investment ideas?

It’s such BS in this climate we’re in where people will literally trip over themselves in an attempt to destroy others.