As long as I repay before term, its great.

First of all, Full Market Value is a relative term. It

Sure we would all like to time things perfectly when the cycle dips/there’s a crash, but if you are planning to hold long term it’s very different than flippers who have houses when the market crashes and “are playing musical chairs and don’t have a chair”.

The house had 100+ feet of sill/termite damage, rotting joists under the bathrooms, no recoverable plumbing, no recoverable HVAC systems, no recoverable interior wiring (original knob & tube), and "dead" plaster falling off half of the walls. 

I closed on a 13 unit in Pittsburgh at the end of September and paid 5.12% on a 30yr amortization, 10yr term.  It

Our property had shown signs of termite damage to a structural beam during the initial inspection, and I paid for both a structural engineer (to verify the beam’s integrity was sound) and a termite inspector (to verify there was no active infestation).  

I had a note investor today tell me he rather have 100 notes vs 100 units.His reason was no toilets, termites, tenants.What about the benefits of depreciation, equity, etc in owning the real estate?

FHA has restriction on the condition, termite, permit etc. 

I definitely hope to make relationships for the long term. It's

We ran into some unforeseen termite damage and other issues that put a squeeze on our budget.