A lot of other markets 20 years from now could be ghost towns with little demand.But on the flipside, that safety/security comes with lessor immediate returns, as is a normal balance with investments (more risk traditionally equals more short term gain potential). 

You then realize raising capital from individuals you don’t know is equally as challenging because you don’t have a track record.

What I have found is that like cabins, one with a view and the other with a pool, that the pool cabin will significantly outperform the view cabin, all other things being equal.

The cost of points was $11,880, and the loan service and prorated interest rate fees equaled $6,126.

Note: All units are leased out currently and the total rent is currently equal to the interest payment we’re making so we’re at a break even but obviously can’t do this forever.

Also, the myth of wholesaling does not often equal the reality of the strategy. 

Every market has it's little quirks and all things being equal I would go with a local lender - especially with a purchase.

My understanding was that the proportion of time you occupied the home as a primary residence, prior to a sale, was equal to the proportion of the exemption you can claim but it sounds like its all or nothing.

Quote from @Matt Tortora: Fair point - but I will be partnering with someone who has good MF experience.If you are partnering with someone with experience in the game, your value to the equation is not equal.

Even if the tenant walks in on the second day of the month and tells me they can't pay until the 13th, I remind them they will still be charged late fees and I will still start the eviction process on the 11th.My standards are in writing and equally applied on every tenant, every time.