It's the last chance for some favorable tax treatment that some with larger incomes may need.

You can get favorable owner occupant terms for what could be your first investment property.

Bob is just as likely to favor the $10k return market, because he believes that its future appreciation must continue in the same fashion as has resulted in such an abysmal cap rate in the first place!

I calmly explained to him several times that it was his error that he could not deliver the loan as promised, and he had to find a lender with less favorable terms.

Do yourself a favor and screen tenants before you give them the keys to your apartment.  

Some of which the poster knows and she didn't mention (in favor of Maverick), and some she doesn't know about yet.

Memo 2012-243, you will see that simply holding property greater than 12 months is not a great enough influence on overall intent to retain "investment" status and receive the favorable capital gains treatment.

Their offers tend to be favorable.

I would favor keeping enough cash or instant credit (think LOC) to be able to purchase your target projects for cash one at a time.  

I hope things work out in your favor!