I am just trying to illustrate some of the data I have used in the past.

I am trying to illustrate how it is more important to make tenants responsible for utilities in Baltimore than elsewhere. 

If they will do a loan with less than 1, the pricing takes a hit.I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23DSCR lenders generally let you vest either individually or as an LLC.

(those are numbers I just made up to illustrate the point.)10-15 year balloons sound very reasonable considering historic interest rate cycles, but it depends on when you started them, obviously.

Maybe just to illustrate that if this loser can do it, so can you.  

Great illustration of your "process" and nice creativity on solving your security issues.

Keep in mind, the numbers I throw out here are hypothetical and for illustrative purposes only but if essentially you can Own 20 million dollars of real estate at a 75% LTV and make $X.xx,  You could make the same with $4 million in Free and clear real estate.......and you would only have to deal with $4 million dollars worth of headaches vs. $20 million worth of headaches....

The illustration was us renting with a lease option not us buying.....

This is a very general statement of course, subject to change, but just hope to illustrate a basic picture of what I might like to do keeping in mind I am still in the extensive research phase. 

However, I consider my returns to include the principal I pay off + cash flow = $1384 PM.I had a down payment of 55K when I bought the home and I am building 15K+ wealth every year plus the appreciation I get.For those who feel I should buy 3-4 mid west properties, I do have 3 of them but fact is the returns can never match my CA home.To illustrate:1 duplex in Cleveland, each unit rents for 650 PM.When tenant leaves, my PM charged me around $2000 avg to fix place (paint and other stuff to get it back to rent ready state). 1 month charge to find tenant and takes 1-2 month time from time it goes vacant to getting a tenant to move in.