You may know some stuff that I don't and vice versa.

With only one property your liability is relatively limited (vice having 20 properties) and financing is easier since you can get a regular conventional loan (not necessarily a personal loan). 

You might be the missing link they are looking for and vice versa.  

I am the president of the condo association I live in, which both my co-worker and I own primary residences in.

You may decide it's something you can totally handle, or vice-versa.

What works in san francisco might not work in kansas city & vice versa.

Another approach in a declining market is to keep buying better and better deals on the market downturn.Typically, the better the cash flow, the lower the appreciation and vice versa.

(coupled with bad loans)Also if interest rates move up (which i think will happen when the new president comes in to office) that will also push down home prices, but in general now is a a great time to buy i think.

Vice versa, if buyer has bad credit but are good people who happen to be in bad luck, they will do whatever it takes to pay you off.

Landlords would love to push these fees onto tenants, and vice-versa.But given that so many tenants make payments a bit late, would you be willing to have a more steady cash flow for a 3% charge?