I’m biased, but I’ll chime in with @James Wachob and cast my vote for Memphis.Memphis offers incredible logistical advantages: the largest commercial airport in the world, all major US railroads converging here, and a thriving distribution hub.

The real estate market in Dubai has many advantages, the key one being stability.

If it was discussed and just a typo and its a good tenant it should be fine but some tenants would definitely take advantage of this.

Or maybe the loan is advantageous. 

Again, the goal is to work with them early on to prepare them for the refi within 5 years.As to capital deployment, that is the advantage of the fund model.

Take advantage of the Capital Gain deduction of $250,000 in primary residence per “spouse”.   2.  

I also wondered, during those 20%+ interest-rate mortgage days, did some segments of the market go 'no-bid' - in other words, did cash buyers have a very advantageous circumstance? 

This destroys the credit of the original owner who can then sue the subto buyer.Another issue is if the subto seller claims they were taken advantage of by the subto buyer at a vulnerable time (pre-foreclosure) and an attorney or regulator raises the question of equity skimming.

Most people do not know this is a legitimate way to fund your real estate deals and do it in a tax advantaged way.

Foundations and framing were built better 100 years ago and there are some advantages to older homes.