In fact, I would say seeing someone else get their first multifamily deal brings me greater joy these days than getting my own. 

Not sure about MTRs.My general conclusion was that it is tough to do business in the town if your goal is to buy property as pure rentals out the gates and no intention to occupy.

There is so much joy and love to experience right here and now.

The inspections have become so nitpicky over purely cosmetic items there has to be an extra $1-2k per year to keep up with the punch list every 1-2 years.

The time before I think I found a suitable replacement building purely by luck.

He delivers pure content with no hype.

But if this is purely an investment, the high maintenance fee is a major concern.Now, let’s look at what happens in the next 5 years:Refinance After 5 Years: Assuming 4% appreciation, your property value will increase to $1,216,653.

I sold my company to a national PMC named PURE,  they have a large footprint in California and are always looking for people at most levels. 

Please consult your trusted professional in getting accurate information as it relates to the estate.This site has 1031 intermediaries that have far more expertise than I have about 1031 but 1) you cannot 1031 a pure OO property.  

Purely answering the 80% vs 90% leverage question, in most cases it's better to reach for that 20% down.