However i have done most of the work myself and will have a cost basis of less than 150k (of which one third will be land).i would love to have this as a rental but fear the numbers will not be worth the taxes caused by the low depreciation I have available vs the fair market value (though my income is under 40k).

I am not even sure consolidation is out of fear of extinction.

The curtailing of rental property financing is not driven by market fears, it's driven by gov't policy.The gov't is keeping rates artificially low with the intent of helping average homeowners (the idea being that "average homeowner" takes his $500/mo mortgage savings and spends at least $450 of it each month on consumer junk, maybe a new car payment, maybe eating out, whatever, thus stimulating the economy).

There is so many landlords acting out of fearful ignorance at this time it just blows my mind.

I just need to get over the fear of unknown and go talk with the bank.

I fear of going over budget or losing money because of property prices and materials prices.

Could have done 20% or 30% but gave us less of a cushion.So the answer is probably...conservatism and fear?

I think one of the biggest things holding me back was fear.

Owner comes and picks her up and all is right in the world, until the next morning he said they have bed bugs...Fearing the worst I let my cleaner know and the plan is to get everything sprayed and I'm almost to the point of cancelling my next guests. 

See how many things I could do in this time frame/see how fast I can do this/ etc... it’s a really cool way to get the job done without fear, procrastination, etc and time goes by pretty fast.