For those who know Houston, there is rapid development in this area called Third Ward.

@Freddy Neuhold it sounds like you will have to weight the pros and cons of using the owner occupied loan versus investing the old fashioned way by saving up 25% down.

Also, I'm not sure you even put much weight on familial status and gender, other than the relationship to financial inability.I think they are just trying to give you a "heads up" about potential hazards of a HUD lawsuit and the best way to avoid one.

They both work full time and both will be able to buy a home here in the Fort Collin's rapidly rising home cost market.

Hey BP,
I recently read a story about 3 entrepreneurs in their late 20s doing syndication. They acquired 21,000 units in about 8-9 years. 
My question is, how is that even possible. I know there’s a lot of syndicato...

I don't even look like the person I once was after gaining so much weight. 

First-time investor/home-buyer looking at buying a multi-family property (duplex preferred) either around Chicago where I currently live or a smaller, but rapidly growing city in Minnesota where I'm from.If I choose to buy a duplex in the Chicago suburbs, my wife and I would be living in it and renting out the other unit.

I'm looking in Grand Rapids/Holland/Muskegon/Kalamazoo MI.For simplicity's sake, assume a $100K property renting for $1000/mo:$400/mo for a 25% down, 30-year mortgage with 5% interest$300/mo for PM/vacancy/repairs/CapEx (30%)$250/mo for property tax$50/mo for home insuranceExpenses = $1000/moMy first thought was that property taxes looked pretty high.

I'm looking in Grand Rapids/Holland/Muskegon/Kalamazoo MI.For simplicity's sake, assume a $100K property renting for $1000/mo:$400/mo for a 25% down, 30-year mortgage with 5% interest$300/mo for PM/vacancy/repairs/CapEx (30%)$250/mo for property tax$50/mo for home insuranceExpenses = $1000/moMy first thought was that property taxes looked pretty high.

I'm familiar with IRR, and I could see it having a place as an output in my analysis.My main goal is to capture the most commonly used metrics -- and based on the people I've talked to, books I've read, podcasts I've listened to, and blogs I've read, the most commonly used ones seem to be cash flow, CoC Return, and Cap Rate -- and allow a person to compare many properties using all of these metrics simultaneously without any a priori assumptions about which ones carry more weight than others.