In all probability we're not going to have another once a century recession that matches the last one so soon, but even if we did, you'd be doing more than OK if your ownership horizon is 10 years or more.

They need to determine their goals and investing horizon and make their own decision.

risk tolerance, passive vs active, time horizons, is cash flow more important right now than appreciation?

It's not for everyone due to long horizon.

I am planning for the long haul, I am focus on buy and hold rental units in the south central Pennsylvania but is open minded to expand my horizon.

The 5/1 ARM may be a good play if you have a short-term horizon on the property, say you will be selling it in three or four years. 

IF your time horizon is 2-3 years, I wouldn't buy in Dallas, if your time horizon is 10 years,  Its a great time to buy.IMO its tough enough to find anything here in Dallas let alone trying to find it from a distance.

Say your lender has an investment horizon of 5 years, amortizing the loan at the same rate your payments would be $2,700+ monthly.

There are alot of tricky situations like this on the horizon given the circumstances.Thanks in Advance!

Don’t ever make the minimum payment on anything if you can help it,the tax advantages are pennies on the dollar, and by making one extra mortgage payment a year you reduce your time horizon on the loan by about 8 years. 9.