Some people hedge their bets, and go 50/50 fixed/variable (or some other ratio according to their best gambling/research beliefs, but then focus on paying one down quicker than the other once rates actually change). 

Vegas, even though very hot in the summer, does not have a big drop in the summer because people come for the shows, glitz, gambling. 

If you do that though you can't actually take out any of the cashflow...because the problem with CapEx is that it doesn't actually cost just 8% of your rent. when it come it comes big and heavy, so you'll need to be able to build up to having that reserve account...some people like to gamble and will take it out...I personally don't recommend taking cashflows from your real estate until you're much further along with much larger reserves.

I saw another in Allston list at $2.3M and in JP at $1.8M.The rents you would have to get in these places would probably be enough to pay for a mortgage on a 4,000 sq ft home on the south shore - and you could probably get an ocean view too.The only thing that would make me invest in Boston at this point would be a GAMBLE (horrible idea) on Amazon HQ2 locating here.

If you are having trouble getting a loan now, I would definitely not recommend getting in to a situation where you owe a hard money lender a balloon in eight months, that sounds like a HUGE gamble.

For me, constantly watching and moving investments is gambling...

You need to build real authentic relationships with the owners, educate yourself and them on the foreclosure process to build trust with them. 

I'm curious, do people have any concern for Las Vegas future due to the Supreme Court permitting other states to legalize gambling?

Buying those kinds of properties is almost like gambling.

You have to look at how much its costing you to hold it and the gamble of putting it back on the market and getting less.