(To me) asking these questions online seems like playing roulette (maybe Russian roulette).You could have an attorney guide you through the physical steps of the process, and make some recommendations, but ultimately the buck stops with you.

Russian hackers are shutting down meat packing plant on the east coast and it prevents me from purchasing a chicken sandwich in Wyoming.

AC issues, roof leak issues, slab leaks, are more daunting to overcome when low on funds.You are playing Russian Roulette if you start out owning investment real estate with no reserves at all.  

I definitely think that simple is better (think of NASA building a space pen... and the Russians using a pencil).

Russian Roulette.

@Alexandra Hughes Pailet Hi!

Hi @Cynthia Alexandra Sanchez - There is no ONE correct strategy in real estate. 

@Alexandra Rolon Any change of opinion in the last 11 moths? 

$4450 on a 1100 sq ft condo in Russian Hill of San Francisco

The 30YFR overnight rate jump from 5.3% to 5.85%.Some analyst started thinking, the 30 YFR from now on will be 5.5-6.5% for medium term.If you notice this is still OK considering it's actually the rate in 2009-2010.However what's the different than 2009, is house PSF has 2-3x appreciation, stock index also has 2x than normalized valuation.However, if we examine the inflation, most core inflation occured actually because of oil and gas pricing, especially due to demand in Europe and Russian embargo.