Hi,I must say that I enjoyed RichDadPoorDad books...they inspired me to have the right mindset to get out of the ratrace.Cashflow 101 computer version I have played, it is relatively easy, great to illustrate real estate investing to newbies, but too expensive and ultimately easy.

If they will do a loan with less than 1, the pricing takes a hit.I've included an example below to help illustrate this.So different lenders have different rates (which do vary even for DSCR loans) but these are factors they all consider.See example below:DSCR < 1Principal + Interest = $1,700Taxes = $350, Insurance = $100, Association Dues = $50Total PITIA = $2200Rent = $2000DSCR = Rent/PITIA = 2000/2200 = 0.91Since the DSCR is 0.91, we know the expenses are greater than the income of the property.DSCR >1Principal + Interest = $1,500Taxes = $250, Insurance = $100, Association Dues = $25Total PITIA = $1875 Rent = $2300DSCR = Rent/PITIA = 2300/1875 = 1.23This property cash flows.DSCR lenders generally let you vest either individually or as an LLC.

@Joe Villeneuve and @Kyle Soderman illustrate the "wealthy" mindset: how to use money to make money and devote your time and intelligence to knowledge and wealth generation.

Brett had a good point about spreading out the risk, but as Jon illustrates not every market is the same.

This is just an example, but it illustrates the point that many refis, will fail for ridiculously small differences between what values are needed by the borrower and what values are given by the appraisers.

This is an oversimplified example, but illustrates that it's better to pay taxes on $0 and have losses carry forward to offset future income than to have taxable income in those early years. 

As the above illustrates, a real negotiator identifies anything that can help in the negotiation and presents them in order to justify the price.

The two recent *threads* here on BP illustrate creative schemes I've seen touted before.

We went through an exercise at the Boise Investor Group meeting one evening a few months ago, using a house hacking example, which illustrated for the market at that time, building was less expensive than buying an existing investment property.

It is also important to recognize that most of the people who post here have myopic views that color any advice they offer and that even when they are trying to help, their advice may not be what you need in your situation.Lets take this away from manufactured homes for a moment to illustrate the point.Two years ago, a friend of my wife's got her interested in trap shooting.