But, since we've had incredibly low inventory recently, and the number of homes on the market now is still lower than it was in 2012-2014 in this same time frame, AND the fact that jobs are still being created here (Google and Apple building new campuses for example), I think a slow-down is still a ways off.

According to him we may have a leg up because the decision was based on them being "model tenants", and that no longer applies.

You can cash out 70% of appraisal value  or initial purchase price which ever is lower.

But once I did it and everything did work out... actually better than my numbers showed because the lender was able to lock in a lower interest rate when there was a dip because it was closing faster, so my payment was lower meaning a larger spread available for profits... once I saw that this all does actually work... and pretty much exactly textbook from those books from Brandon on here...

You'll have more rental prospects and thus lower vacancy. 

However, you saved $24,000 by paying a lower premium for the last five years so you actually have $34,000 towards the roof replacement. 

Rents are only a little lower. depreciation seems to me would be a problem here.

We don’t require any down payment (unless it’s your first deal and you have a deal where the rehab + purchase price + closing costs are under 70%, we may lower how much we loan you so that you have skin in the game).

Personally, I would recommend buying a better asset class in a different market than buying a lower end class of property in a more expensive market.

Their whole model relies on having a lower overhead and attracting large numbers of people to appease investors.