Why this is so hard for people like you to understand is ridiculous.

My point being what is so much is dependent on the age of the homes, what they are worth on the open at a fire sale discount and what are they worth to you? 

Purchase price: $1,280,000 Cash invested: $400,000 we were presented with the deal by a flipper needing to exit the deal. it was only rentable for $4500/mo as is, so we created a second unit. now it brings in $7200/mo What made you interested in investing in this type of deal?

The Comps give the property a market value of 200-220 but they are selling as is so they dropped the price.

The Comps give the property a market value of 200-220 but they are selling as is so they dropped the price.

To you point, when the payoff timeline is so compressed, it’s really not an interest rate sensitive loan.

RE is so tax advantaged as is, why eat into your legal tax shelter.

All of my current rentals cost about the same to purchase ($215-265K), but cash flow is so different and current house prices are as well ($325-600K)...and the one I spent the most for and cash flows the most, is now the one worth the least (still worth more than I paid for it 3 years ago).

In my experience land lords who have that length of tenant and they can show rent rolls of payments on time are ok with sub market rents because the tenant is so "easy".

This industry is so much more sophisticated and has translated a slightly better mousetrap into market share.