I have an FHA loan with PMI, and it was the only feasible option to by a $1MM property with 5% down.Also, it depends who you are paying your PMI to.

It wouldn't be feasible to have to constantly travel out there to "keep an eye" on the property and such, deal with the day to day things. 

With literally almost 0% skin in the game, and a border to cross legally to pursue recourse (if it were needed), it just isn't feasible.

If so then maybe your judgement is more feasible to collect on if you don't have to rely on this one property to make you whole. 

If done correctly, it is feasible to achieve a consistent 25% annual return (Actually feasible to get 100% but my track record isn't long enough to claim this yet).The point is that once a person has a ROTH, then find a high growth return vehicle and NEVER pay tax on this money again.For my company, I use other people's 401K's. 

There is no feasible housing around the campus for miles.

Perhaps.Its difficult, but more feasible to be into a 3/2 for $67K.

One investor doing 20 deals a year will find it's not economically feasible, IMO

How soon after buying a rental property is that feasible? 

They make more money when the loans perform.Actually... its quite feasible and frequent with many lenders... its kind of the dirty little secret of many hard money lenders that they don't want you to know... here's how:Deal OverviewARV: $200KPurchase Price: $100KLoan Amount: $80K (80% LTV)Minimum Down Payment: $20K (very typical to be 20% of purchase price)Closing/Points/Interest: $15K (typical example)Rehab Costs: $20KFinal Down Payment: $35K (Minimum Down + Closing/Points/Interest)Scenario A: (Paid Off Loan) Lender Gets:• Closing/Points/Interest             $15KScenario B: (Foreclosed Loan) Lender Gets (Pays):• Closing/Points/Interest             $15K• Foreclosure Costs                 (    $8K)• Value of Rehab Completed      $10K• Cost of Finishing Rehab        (  $12K)• Other Misc Costs                  (    $3K)• Profit From Sale of Home         $40KTOTAL PROFIT                            $42K  In short... when the lender forecloses... they now have all the cash and rehab put into the property by the borrower PLUS the time (and possibly marketing costs) it took to find/acquire the property PLUS the equity in the home... now they just have to finish the rehab and sell the property... their money might be tied up for a bit longer but still they end up with higher total profit AND higher APY.