Buy for cash flow and make sure there's something keeping the area hopping (a good college, multiple large employers, government agencies, etc) and the rest should work out. 

A lot of cities with housing shortages are promoting these in California and the state government recently passed a law making it easier to do these.

That type of financing exists in the 1-4 unit market because of government policies.  

The IL Condo Property Ace is quite clear about the process required in order to amend governing documents, of which rules and regs are one.

My job is relatively stable as I work in government so the risk of being laid off is lower. 

I spoke to a Canadian banker he told me there are rarely defaults from home owners as the government really have tight control on loans making sure borrower are credit worthy.

This Agreement shall be governed by the laws of the State of [Florida].Party receiving services:___________________________ Buyer Seller]By: ____________________________________________________Name: ___________________________Phone: ___________________________Phone: ___________________________ (Cellular)Party providing services:___________________________ ConsultantBy: ____________________________________________________Name: ___________________________Phone: ___________________________Phone: ___________________________ (Cellular)How does that look?

She could get into an accident running an errand for you and the plaintiff's attorney will be happy to prove she was your employee at the time and you will be a co-defendant, and then the government guys show up with back taxes and fines.etc.Now for paying a percent of each deal.

The government is providing banks with ``quite a war chest that they were not expecting,'' Ryan said.

Government policies aimed at rewarding failure and penalizing success also significantly contribute to the state of mind.