These are shaped like a fat giant wedge with the wide side down.

They are intertwined and not mutually exclusive. 1- paying the least you can in the shortest amount of time to achieve your goals. 2- using empathy to help the process and for legit human empathy.  

As the saying goes, pigs get fat & hogs get slaughtered. 

Trying to rule out as many painful surprises as I can, in advance.Thanks,Allen

I'm trying to get as accurate as I can in my analysis and this is one of the areas I'm lacking in with experience. 

Will do a cost seg and take advantage of all the paper losses that I can in this first year. 

Agency loans (non-portfolio) are characterized by back end profits from Fannie/Freddie, which (being that they are now gov't run) amounts to a big fat subsidy from the taxpayer.

I sincerely hope you and your cousin and his children weather the storm and do as well as you can in this time of what I believe to be unnecessary privation and need.

So a couple times a month I'd call him and ask to catch a work out or go light a fat one. 

Helping other investors in their projects is also something I’d be willing to do, especially here in the Bay Area—would really be worthwhile walking through properties with them, building that portfolio, and learn as much as I can in the process.