I will have to continue to focus on the ratio, ask for those increases and be strategic about when I apply for personal credit vs looking for a loan for the properties.

Luckily I’ve had and continue to have some prominent clients in the fields of advertising, toys, video games, etc. that have made me pretty successful in that world.

Most guys on this site have a W2 job, so long-term control on a purchase money mortgage is a great play if the terms make sense.

The rental rates in Brooklyn are SKY HIGH as well so I'm wondering how it will play out for new people moving there. 

Within 2-3 years they refinance, returning my principal, though I continue to hold equity in the project.

So it isnt merely about the rents and the price, who lives there plays a large part in your overall costs.

We have continued to buy houses one at a time mostly on..."

My focus now is to continue the STR approach.

Investing in real estate or playing the lottery were my 2 choices and Investing in Real Estate was the obvious choice (although I still by a ticket every now and then LOL) How did you find this deal and how did you negotiate it?

As a result i am thinking of buying my first house in Atlanta and move my family there while i continue to work in California for the near future.