Just as rents have risen so do home prices as the demand outstrips the supply of available new and existing homes.So, the "bubble" concept was and is pure fiction.Pre-crash, "the pendulum swung" full to one side: reckless and predatory lending (the banksters even admit as much) artificially inflated the demand causing prices to rise in response.Now - post-crash - "the pendulum" "swings" toward the other extreme: supply outstrips actual demand causing prices to rise in response ... only this time, the banksters did not cause it and are rather more challenged to exploit the phenomenon because of the new banking and lending guidelines and regulations.David J Dachtera

I do not recommend being reckless and leveraging you last penny.  

I am sure you have offered a suggestion in a caring manner - but this is a case all too often seen in the Real Estate Rental Business - you rent to someone and in moves a million other freeloaders.They have their own incomes and spend it recklessly or not caring about much of anything but themselves.

Strong position, you bet, I have my reasons but primarily any one that does it can kill innocent people and as a landlord I do not tolerate reckless stupidity. 

It sounds like you're in great shape to handle this and it's not a reckless decision. 

I was just very confused how someone who is so reckless with their credit can land a respectable, high paying job.

And that makes sense, otherwise we'd revert to the 80s/90s when people were recklessly buying real estate simply for tax write-offs with no intention of earning a profit. 

The great recession was ultimately caused by reckless lending, which can be directly tied to President Bush's home ownership initiatives (and even Clinton before him).

Record can consist of a reckless driving charge from 30 years ago or mortgage fraud from last week.

Laws, specifically real estate laws and terms are different in most states, so claiming anything is "legal in all states" is reckless at best.I was approached recently by one of these students on a deal they want to least.