And I appreciate a man who appreciates historical data, however I don't that that is precisely what Chairman Powell or the FOMC are saying they will do with a new policy. 2% has been the target for years, but we haven't achieved that target regularly over that time as demonstrated by the above graph.

I’m not sure if I will use it on my rentals but I’ll definitely take advantage of this option to decrease my personal housing payments over time, which puts more cash in my pocket each month.One thing my lender told me at the time was that while every Fannie/Freddie loan can take advantage of this, not all lenders or services will support the option, precisely because of the fact that they make more money via refinancing.

Precisely why it was easy for people to walk away from their ridiculous loans back in '08-'09... they had no risk, nothing to lose, and that risk shifted to the lender. 

Mike Cumbie - Precisely. 

Easy to say, impossible to do accurately, precisely, and reliably, but it is what makes all of us money.

Whether I truly understand the exp "model" or not, this statement is precisely the reason I despise MLM companies.

@Adam Zach I’m not an engineer but I am a machinist and gunsmith yup those are thingsAssociates in cnc machining, associates in precision manual machining and associates in gunsmithing.

The reason that this recession will be so nasty is precisely because COVID-19 unemployment is disproportionately targeting those that are already in lower to middle income brackets and entrepreneurs, and has a much lower impact on high earning w-2 knowledge workers.Will prices go down in Tech driven markets? 

The higher depreciation deductions that a CSS will give you and applying that to your taxes might have an impact on your financing (or more precise with whom you are doing your financing) as it might show on your tax report as not making any money or, worse from the perspective on financing qualifications, as losing money with your rentals.