The house has some great pros:• Newer 2000's home with renovations in the last 4 years• Renovations include: paint, lvp, toilets, vanity, ceiling lights/fans, roof and HVAC• Tenants look like they are up keeping the house decently.

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.

However, I am totally out of my league understanding the possibilities of an MTR. 

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.

Me, personally, I am NOT a fan of BRICS, not in the least.

I'm a big fan of KISS.