Saddling yourself with 15 year notes can be dangerous. 

It's impossible to predict when or how long or how much.There are a few scenarios from doomsday to a blip on the radar.One thing is time on market increasing drastically, and if a lot of sales are bank owned (repo's).Those who suffer a Repo, often do not (can not) get back in the saddle and (will be) replaced by new-bee's who (know not the dangers).So there may be a genuine cut in the number of buyers who can buy (either to rent out or to live in).Watch and see if people are doubling up, such as cousins family living in the garage or in a camper in the driveway with an extension cord kind of stuff.That will give you a boots on the ground idea if the area is "Really Suffering Hard" and will probably stay down for a while, or if it's just a flash in the pan--time wise.Home Repo's are something to keep an eye on too.Just my 2 cents.

No one wants to lose equity after a purchase, and no one wants to get saddled with expenses that cannot be paid.

@Ben Stout   If you have substantial equity you refi out ... and pass the asset down to your estate at stepped up basis.. but for me I would rather pay tax then be saddled with a bunch of 30k homes that have little to no exit strategy you don't have to worry about sheltering profit because there won't be any  :)And your right many got fubared going into TIC's I for one am not a fan of pooled investments unless its a very closely held type transaction.. or the Promoter is GOLD and the assets are identifiable..

This would give you the ability to find a buyer (you sell the buyer the option contract for 1.5%) without saddling you with the obligation to purchase the property if you do not find a buyer.  

Not that great of a deal but it's probably the area you want to buy in.I would almost want to cut that per door price to rent in half when buying apartments.I think it's too high to saddle yourself with that much debt.

People get fixated on the 3.5% down, but in Dallas you can get conventional lending at 3-5% with way better terms (plus you are not saddled with MI once you go past 20% unlike FHA). 

I was considering purchasing a duplex or multi-family home, but I'm a first time RE investor and I'm worried about the debt, being saddled with repairs, dealing with tenants, and the worry of weak cash flow.

link to zillow listing:  https://www.zillow.com/homedetails/533-Saddle-Back-Trl-Cibolo-TX-78108/120766454_zpid/?

“WE ARE BACK IN THE SADDLE AGAIN!!