Instead of paying market for spot lots I create my own lots  and capture that equity.

If you had 20 years of experience, great connections in the US, and knew your market in and out then I would say you could probably leverage at a higher rate and could probably manage that risk because you have substantially decreased all of the other risks.You should really study what happened in the US during the 80's when overleverage on real estate put a lot of people in a bad spot.

It doesn't take long to learn how to spot a good deal.6.

Build a solid foundation before taking a step up - each and every step of the way.There’s a way to scale recklessly and there is a way to scale safely.When OPM is involved safe is way better than reckless.Despite a life long career in RE, I scaled as followsBought a few duplexes for my own accountBought a fourplex for my own accountBought 12 units as a JV with some friendsSyndicated 43 unitsSyndicated 30 unitsBought another 12 units as a JVSyndicated 281 unitsThis was over a 3 or 4 year period.and so forth - now I am GP in close to 1000 units with $125M AUM.Even with all that, my sweet spot is 30 to 50 unit properties - they work best for my partners and I and more importantly our investors. 

The Great Smoky Mountains is the #1 destination of all national parks in the country.It's (probably) the #1 spot investors have focused on for investing. 

It's spot on. 

He knows what he is talking about and he is spot on.  

Been looking around North Conway its one of my other favorite spots to visit each year cozy little town with a lot of local amenities.

1) 20% down will allow you to do a conventional investment loan, but you will have to either:- Qualify with the new payment + your current payment- Lease the property out, allowing the lender to use 75% of the monthly rent to offset the mortgage (confirm with a lender).2) You could also do a DSR 20% down loan, but the interest rate will be much higher than conforming rates.3) If less than 20% down, you could:- Do a 10% 2nd home loan as long as the new property is at least 50 miles from your current home or near a qualifying vacation spot (confirm with a lender).- Do a 5% down conventional mortgage if you plan to rent out current home and live in the new one for at least 12 months.

Too many people get stuck in analysis by paralysis and then before they know it it's been 5 years and they are in the same spot Do you think my age will impact my authority as a landlord?