I just sent this same info. to @Adam Craig in a message, but thought I would put it out there for all to see:The key to how many conventional slots you have open right now is dpending on how you financed those loans.

You will need free slots dedicated for your range, all three wires.

There are number of ways that you can open up slots to continue to buy rentals via Fannie Mae financing.

Quick #’s- Lot 200k- Build Cost 350k (lots of sweat equity)- All in 550k- ARV 725k- Rent $4100Option 1 - Leave your DP inCF $1,100Cash on Cash ROI - 8%Option 2 - Refinance Take out all your cash and get extra 35kCF $450Two pretty great options.... we start construction on our first two in April... stay tuned for updates... if you want in on the next ones let us know, we may be looking for JVs to keep it going...

Appreciation has been substantial for a long time for anyone holding 5 years or more except maybe for the 2006-2008 time slot. 

They are keeping all the slots full year round with very little maintenance.

OK, I'm saving a slot for that day if everybody agree.

Let them know you are a busy man and have only a limited amount of time or a particular time slot that you can view the property.  

My selling agent (repping me as buyer) may not be the best person for the listing slot.

because conventional loans only allow you to have 10 loans so why fill the slots with anything less than 4 units!