I also thing owning physical precious metals is a good investment long term.

Thanks Mike, I took a look, Tiny Texas designs remind me of the old Frontierland at Disneyland, a real wild west feel with the corrugated metal roofs and the interiors.

That does not sound ready to crash to me, based on historical patterns for the yellow metal.

Thirdly, a 20% of gross rents factor for maintenance and vacancy is only accurate if 1) the property is FULLY stablized (new roof, new furnace, new windows, and so on)--and most of the TKRs I've seen do NOT meet this standard by a long shot, 2) if the property is VERY aggressively managed--heavy screening, prompt eviction, quick re-rent--a practice not common amongst most property managers, and 3) aggressive maintenance is done to maintain the capital repair items (changing furnace filters bi-monthly, cleaning gutters in the fall to avoid failure, maintaining metal roofs, cutting back trees to avoid roof damage, etc--again, uncommon amongst property managers).

My numbers met all the guidelines.

Adam, I think you should take a few trips down to your local REIA and see if you can network with some local people in your market.Secondly, rummage through the treasure chest here on BP, they have some great post in previous threads in blogs that relates directly to what you want to do.

I'm sure only 10% of that cost is the metal, the other is the labor.

I have actually seen them in news print stored in metal warehouses.Formotion temites do not return to the ground for water.

They both said I met all the criteria but Fannie's system rejected the app both times.

I think precious metals are very risky.