This video below has the best explanation I've seen, even though the podcaster is still a fan boy.

I am also not a fan of 100% leverage with HELOC's etc, but your actual cost would be a lot lower with a HELOC.

I am not really a fan of the program because we have a very nice situation in our current home.Putting 20% down for a conventional loan is a steep task financially so I do not think that is an option plus I have been told by many of my friends with multiple MF homes to never use your own money to get into one.Then there is always using the equity we have built up in this current MF home we live in to purchase the next - I am not sure how that works but have done some research on home equity loans and believe that would be another option.Any advice would be greatly appreciated!

@Austin SmithI’m a fan of the program so far.

My experience has been less than stellar and my real estate agent is also not a big fan.

"Then he wanted to redo the placement of the electrical outlet for the appliances stove, fan, above stove microwave.

I'm a big fan of KISS.

I'm not a fan of buying anywhere near SFO with airplanes flying over you (or the tenant).  

I am a HUGE fan of the Hattiesburg area, what are your concerns with just investing there?

I’m a fan of 0% interest for a year cc loans too.