All options come with their own distinct set of pros and cons.

I can show my calculations on the hundreds of thousands of dollars I expect to profit but show the delay in cash flow and the novice will look at someone else's calculation of how they will get $200 a month (hopefully) and they jump on the cash flow either because they are poor investors that are not educated on the difference between cash faux and profit OR they are poor investors that need that $200 to pay next months  cable bill.Other than this distinction, Seth, can you elaborate on any other valid differences?

., my little crystal ball shows that one distinct possibility is 3% to 5% down, FHA or FNMA, live in it for at least a year while saving up your 3% to 5% down on the next one & improving the place you are living, convert the improved departing residence into a rental, rinse and repeat. 

As an agent do you see a distinct Need for any of these services in the area?

I am not an expert in this area, but I thinks that sounds fair in a distinct future ..

I think there's a distinct difference between what you say and what you do.  

There's a distinct difference there. 

I understand those are normal terms for buy and hold on investment property.you must have a very good relationship with that bank... not one that many could match would be my guess.If another person had done this with traditional HML it would have been about a break even is my guess.... you have a distinct advantage over many with your cost of capital and your ability to fund stuff out of pocket..  

Unlike CRE, SF values don't track closely with interest rates, but with population growth and housing supply so we think there is a more clear and distinct time to buy, time to sell and the hold in between.  

Period.That being said, @Gino Barbaro actually pointed out a very valuable distinction between Market Appreciation and Forced Appreciation.