While I was readings these replies about 5 more questions popped into my head, thinking about what  @Jordan Williamson said about making sure you get a good deal instead of looking at the lower my expenses aspect and it rang a bell, I was definitely looking at this the wrong way, This would be my first investment property and I don't want to regret it, the more I analyze this without living in it, the worse it looks, but when I see the lower my expense aspect when living in one side it appears great.

If he is in second position and the deal goes belly up for some reason, how does he get his money back or does he get his money back?

Most people would think that taking a big, fat, obscene, unconscionable, UNSUSTAINABLE (blah blah blah) California public pension, and fleeing to the Midwest would be the ultimate golden parachute for a common, blue collar working man like myself.

I'm a new member and new investor from Las Vegas, NV and I wanted to say hi to everyone on BP. I can already see how much valuable content there is on this site and I just got here recently. My wife and I are new to R...

Now because of that fat cash-out refi, I have a larger note to pay and the property doesn't cashflow like I'd hoped.

You can work out where they could drop a fat gift card on the floor somewhere later.

You're talking a jumbo loan, so your options are somewhat limited, but I'd let the mortgage broker/lender know he's about to lose that fat commission if they dont get their act together. 

You'll be in better shape (body-fat wise) at 39 than you ever were in your life.

As long as you're sabotaging yourself why not tell the wife that yes she does look fat!  

@Dev Horn I like your analogy, it is certainly easier to see it that way, I am building my buyers list and in the meantime I will make sure to work on my motivated sellers, making sure I catch the big fat fish !