Also, I guess one of my major concerns was getting rid of the land as it is probably not as liquid as a home property.

Plus you'd need to keep the house like what 87 mo's before you break even on the points.... something will break before then and you'd much rather have the liquid 3k.

Strategic use of debt is vital, an automatic assumption that more is better in every circumstance is unwise, especially for those whose real estate investments coexist with other income, professional circumstances, retirement issues etc.We are in an unprecedented period of liquidity over the last 30-40 years.

The offering is high risk with few investor rights and not liquid.

I only ask because I managed a profit center for Lumber Liquidators for about 2 years and I was able to get 4 and 5 mm click vinyl for $1.59 before employee discount. 

And if I live to the point that I don't want to deal with real estate anymore, I can liquidate everything and buy index funds.

.$4300/month is at the high-end of affordability for me, so seems like the only way I'll be able to purchase a home of the quality/location I want is to liquidate (at least some portion of) my real estate portfolio.

Signed purchase agreement knowing that they intended to double close with another investor who was liquidating their portfolio.

We have a lot of weight (and liquid capital) behind us, so we can negotiate faster and harder than an individual, we know how tax auctions work and can place competitive bids, we're built to find solid properties that need work, and buy them as cheaply as possible.

I have roughly 10k liquid, but am using that amount to remodel the second duplex.