This is my basis strategy when accumulating primary from where it was 400k-500k back in 2010-2013 era; the appreciation is double inflation, 6% ; and interest rate is 3% ; making this strategy is equivalent to 16% CD rate.

I will say that the site has banned players who were quite obviously using the site to perpetrate fraud or borderline fraud.

Just tell him you did not get the CD when you bought the book?

I would put that extra 100k in CD's, bonds and an s & p index fund and continue to add to it. 

3) Chances are HiGH you would make more money putting your tax free capital gains in a bank CD than using this property as a rental. 4) after all that. 

Firstly, like many mentioned $20k is not going to be enough, and in my opinion you might need to put down around 30-40% to make a property cash flow at all, unless it's in a C-/D area then maybe you could do less.

This is often referred to as a HUD partial claim.There may be differences here and there with respect to the MI issue but a junior lien is a junior lien and it gets extinguished in a foreclosure regardless of the players involved.

Here in Charleston, in order to apply for the legal residence tax assessment ratio, all owners have to provide copies of tax returns, utility bills, driver licenses, vehicle registration, voter registration, and the settlement statement/CD, along with an affidavit stating that all owners occupy the residence and do not claim legal residence anywhere else.

The 100 year old C/D 2-flats are dreadful if you have to pay contractors, or frankly even handymen (unless you know enough to give precise direction).

Like you, these owners are no longer players in the real estate game, as they would be foolish to trade and double their borrowing costs.