In fact one of the nice features of that program is that it's non-recourse, so the lender has little interest in your personal circumstances.I do hear you about wanting to exit in 3-5 years though - that might indicate regular commercial bank financing is better.Why do you feel other people have passed this opportunity over?

This is one of my favorite features of Bigger Pockets especially for asking specific questions.

As agents, we have really good tools, though.As a rule of thumb, (assuming you are looking at SFR properties) set the criteria as close as possible to the comp properties features, stay within a mile radius, and go back six months.

I'm setting any property that performs higher than a 7% cap rate given my assumptions aside so I can further research the neighborhood.

While it probably caps around 10 mbs (depending on your area) the biggest advantage over cable internet is you dont share the bandwidth with everyone else in neighborhood.  

You would still owe the same amount either way, but BOOM now you have NINE financed properties and can still get #10 Fannie/Freddie and avoid the 7%.There are also games you can play with putting the property and debt in your spouse's name alone (we're a community property state in CA so it makes little difference so long as you're married), with shoving the smallest debt amount into commercial, and a few others, but rolling your lowest mortgage balance into the property that you have the most equity in is the most commonly successful technique.TLDR: You can shove as much debt into as few properties as possible to avoid the 10 financed properties cap.

They aren't counting mortgages, which is why "10 mortgage cap" is an incorrect way to think about it.

But, if I hadn't taken them, I wouldn't be getting the current 15% cap-rate deals that I manage today.

They are all 4 unit properties or less, so they will not trade based off of a cap rate.The unit being vacant IS NOT A DOWNSIDE.

Really great thing about taking the RE exam in NYS is that you can take it online - I loved this feature.