So our portfolio has been a healthy mix of the two... lots of 2-5 unit buildings we've kept have been purchased at a 50-75% discount from market value with little to no rehab required.. these have been wayyyy bigger winners than bigger buildings that have come our way because of the massive equity position that we can leverage against, and our ability to flip these properties to our buyers along the way and pick up newer ones with the proceeds.Just a few thoughts from personal experience- if you're a good deal hunter, I imagine you'll feel the same way!

We have a lot of sink holes in Orlando (sandy soil) and that's not something to mess around with!

My wife and I had good income and healthy savings and after doing the math we figured there was no way to lose in that climate. 

These have come with healthy rental increases which means they turn into cash cows since I bought them at lower valuations.

Additional in the end you will own properties in 30 years that did not cost you a dime while making a healthy income along the away.

Stay healthy everyone!

Also, due to my mother's mental health, I have PoA over all her affairs including her home where she owes 45k with an interest rate of 6.9.

My understanding from the book, is it is important to purchase a property with a healthy amount of equity in the deal from the get go.

The fact is that no one has any idea what the market will look like a month from today so jumping into a project with a long timeline that hinges on a healthy market is very risky.

If this credit union will do it, great for you.When you’re in acquisition mode, don’t forget to keep healthy reserves.