If it is truly shaking out anywhere near that you could sell to capture the equity, rent for your last little bit there and tuck the money away in savings while you study up.  

I just had a 20k roof replaced, 3 layers of shingles and a layer of wood shake.

many can shake off a 10 to 50k lossbut you wire 2 million to close a deal and lose it.. well that hurts just about anyone. !!

Municipalities holding only landlords responsible is problematic and if one chooses to do business in those areas, then it is one more item to monitor in addition to other potential illegal activity that would result in tenant eviction.I do agree that there are more adjustments to be made and it will be very interesting to see how it all shakes out. 

First timer and excited but shaking!

I also borrow private money on hand shakes which is great because I don't have to pay recording fees and doc stamps on mortgages required by the state.

Obviously, this all just depends on the deal you can find and on how CAPEX, etc. shakes out over your holding period.

When I mention that to folks that has problem covering one mortgage, they shake their head laugh at me for complaining saying they wish they have that problem.

Then start attending meetings w/ investors looking for deals & shake some handsHard Money- Most hard money lenders we know won't lend against condos, but there's nothing for you to lose in doing some research & finding a lender that will do it. 

If not, you can walk all over him.I have extracted head-shaking concessions from weak agents.As to dual agency, I wouldn't recommend it.