There is quite a bit of data that home prices are starting to decline in many areas.

All of that eats into profit. 

I do have several S8 rentals, while they are generally performing well, there is more paperwork involved in the leasing and the strict inspections can be quite a pain. 

A and B neighborhoods typically don’t produce much cash flow and are more of an appreciation play—something the city has been seeing quite a bit of over the past decade.

Home Appreciation: You’ve estimated a 2% annual appreciation rate, which I feel is quite conservative.

The people doing subject-to are quite sophisticated and typically have quite the platform.

Now that Kaaren has mentioned a self-directed HSA I think I'll definitely look at that in the future, there's not quite enough saved up in there yet to make sense to invest in truly alternative assets but at some point maybe!

Quite a few syndication posts about deals gone south.  

The watch out is if you lose your job or quit you will need to pay the money back in 30-60 days so I always make sure I have cash reserves to cover this if needed. 

There are quite a number of things that can make utilizing an FHA loan more difficult such as more barriers during appraisal, appearance of low qualification/little cash, typically longer closing period, likely higher interest rate, and PMI cannot be dropped without a refinance if 3.5% down.That said, just chain 5% down conventional loans, and make sure your duplexes pay for themselves.