Everyone should read the entire series of posts on X but to highlight the two largest red flags:1) They had to raise millions of dollars to fund the operational shortfall of the investment while still falsely claiming to investors a 5% average annual cashflow.

Ada CountyAverage Purchase Price: $540,000Average Rental Price (3-bed home): $2,200/monthKey Highlights:Home to Boise, the state capital and largest city.Strong job market with a growing tech sector.High demand for rental properties due to population growth.2.

The reason I liked it so much it's the largest land mass county in the United States.

@Josh Silvester As far as the rural market goes I’m in a fairly rural area, largest town has 8000 people and several smaller towns with under 3000.

If I come across a situation where I recognize how I can create value, then I try to create the largest increase in my net position.

It's your largest potential expense aside from the house collapsing.

CA for one has a low number of HUDs especially for being the largest state. 

To clarify, the biggest distinction between a second home and a rental is the 10% down?

The value is the largest hurdle you are facing.Pulling the cash out to payoff debts is sound and if you can free up enough cash to purchase another cash flowing property, you are all win-win. 

Here is an excerpt (edited slightly by me) from an Appellate Court case in Connecticut that discusses the test:"If an agreement is personal, it cannot be said to have run with the land and thus cannot have bound the future grantee....For purposes of the distinction between real covenants (running with the land, or touching and concerning the land) and personal covenants, a covenant may run with the land or may be a matter between only the purchaser and grantor.