It is not inconceivable in my opinion that a conventional loan may in fact take up to 60 days to complete after October 3, 2015.Google Search TRID...you can get the full details and impacts on the process there.

You should not have been forced to do the 5th as commercial.

The experience was great for me because it forced me to learn a lot (so I could guide others) and provided me with a lot of access to investors.

Our force appreciation play will blow out of state cash-flow out of the water by a mile. 100% ROI within 2-3 years is quite easy to achieve with minimal efforts.

Crazy how one book could have such a big impact on so many people.As far as buy and hold, just be sure you are up on how to really run numbers on properties.

This is a basic example of a cash out refinance after you have forced appreciation via a rehabNow if you pay cash for the property you can refinance immediately with new appraised value. 

I've been in Real Estate since Oct 2009 when I purchased my first home as a rental shortly after getting out of the military (Air Force).  

Air Force, based at RAF Chicksands (6950th ESG) near Bedford, UK during Operation Desert Storm.For those who've made it this far, thanks for reading!

BP did a podcast (early one, in the 30s i think) with James Vermilloin about Real Estate investing while he was in the Air Force.

Unfortunately that means the thing that will get us is the 'unknown unknown', the risk we don't even know exists.Einstein said that compound interest is the most powerful force in the world, I'd say that non-recourse loans are a very close second which is why investing in the US is so attractive to Canadians... and everyone else.BTW I think your VRBO investment(s) up at Whistler are great.Giovanni