I won't allow sunk costs to keep me from achieving my dreams! 

Apparently this must be a bigger thing than what happens here in Vancouver given that there is a whole stream on what to tell your commercial broker so they take you seriously.

Also to meet people who i can help and who will help me achieve my goals along the way.

It has long been my goal to start with multi family but I never really took steps towards achieving that goal.

You are only setting aside $110 a month for repairs, if you have to replace a frig, this can wipe out a whole year of this.

The installation of one or more portable space heaters shall not be used to achieve compliance with this section.Emergency Egress requirements- R310.1 Emergency escape and rescue required.Basements, habitable attics and every sleeping room shall have at least one operable emergency escape and rescue opening.

That also doesn't even touch on the role of options in the whole show. 

im new in bigger pockets , im interested in buying a house with FhA loan only to rent the whole property . i would not be living at the property, due to im living in a house my wife purchase. is it possible for me to get the FHA loan even if i don't live at the property or is there a way?

Find out from a title co if that's the case and they should be able to make you whole.

A - Invest $100, add value to $120, market corrects to $100 in year 1, but you achieve an 8% return from cash flow and principal reduction.B - Invest $100, add value to $120, market remains as-is (or it takes longer to correct), you achieve target returns of 15-20%C - Invest $0, earn $0.Substitute appropriate figures...just trying to generate dialogue.It's hard to model things like a market correction or rising cap rates, get excited about lower returns, and make a purchase but idle cash and the war chest strategy (scenario C) can be costly relative to scenario A (except with an appreciation only/market timing strategy...let's ignore that one for simplicity).Many of us have analyzed and turned down a ridiculous number of deals and we see a lot of posts about waiting for a correction but the math seems to suggest otherwise if investors are adding enough value (and generating cash flow, using long-term debt, buying in solid locations, or investing for the very long-term).