Hi BP,I have a good friend living in the Burley/Twin Falls area.  

One thing is for sure, though, is that great deals do not just fall into your lap, you have to actively search for them.

It seems as soon as I mentally made that decision deals and opportunities are falling into my lap.

My post was more aimed at the new investor so they don't fall victim to the bad lenders out there.  

consider proximity to an airport wit reasonable fares,  Manty and Trivers (local speak) are a Hike to Milwaukee Airport, and Green Bay is quite expensive to fly out of. just a thought, Unless you fall into a great deal, a $50-70K 4plex is gona be pretty rough,  both in condition and location, get familiar with the areas, and if you do settle in Manty, Just remember its Cooler Near the Lake, not sunglasses and board shorts cooler, like 50 degrees in late June, and 20 miles west its 80 degrees. just considerations.  

I also wish I would have gotten through my thick head that you don't want to own the property, and the idea that the more equity you have the less your return is. yet at the same time it's your safety net if the market falls.

I prefer to purchase in the fall...deals are a little hard to find in the summer...people are moving, changing schools etc....hard to find motivated sellers.  

Where do you fall on the spectrum of this concept? 

Make sure you buy smart and your numbers work so the property makes money now, then if the market does fall it should make more money.

I've been working part-time since I was 15 and I realize every time I had to stop working due to exams I would fall short on money.