later.5) If I had to to it all over again I wish I had done 1031 exchanges with each of my properties into a rental/development in Austin such that I would own 4 houses in Austin in 2021... with a single property manager etc.

Of course the more deposit you have the better but your good financial situation, along with your great credit score will help your mortgage broker to to get you one, maybe.

@Marcus Auerbach,I have had very mixed experiences.. personally, I don't like rentals near my house, because it's so easy to to identify them-- they're the ones with overgrown bushes and poorly maintained lawns, and probably 3+ cars. 

Deal 2: 16 unit for $685k purchased with 80% bank financing at 4.85% 20 yrs, 16% seller financing at 2% 10yrs, prorations of 2%, personal loan from Wells Fargo for 1%, and I brought 1% cash to to table. 

If you refer to if as the ghetto is that really where you want to tie yourself to? To

This way homes are guaranteed to be occupied for several years, renters have motivation to stay in them, inventory is freed up and, renters credit scores increase giving them a better chance to to qualify for a loan.

Every coach says this, but this is absolutely crucial, as I don't think Denver can go toe to toe offensively.

Especially if I'm right in assuming that would help stimulate the market's rebound... return confidence to those who can buy but aren't for fear we aren't at the bottom, that they couldn't resell if they had to in 3 or 5 years... allow those who want to move but can't to be able to, to go where jobs are, to go from "under employed" to fully employed... to convince investors who still aren't sure about real estate to chase the market and poor more money into it...

I still know what a Hobart Pizza Oven looks like ora 30 qrt mixer and how lines have to be connected to to a tap.

Stay firm if you need to to make your numbers work.Don