Love the water purification pills though and will certainly add that to my disaster inventory.

Profit in real estate comes from cash flow, principal reduction, and appreciation...not just cash flow. 

given that each $50 dollar in lease reduces your purchasing power by $10k , whereas at 20% down you would have to spend $2000 to get that same reduction in purchasing power. 

….What’s the lender going to do if you fall below the minimum DSC one year, call for a principle reduction?

Overpriced listings are doing more price reductions while the listings priced correctly are still selling and often times with multiple offers (just less offers, rather than 12 offers maybe they have 3). 

So you will never be able to prove the house has no lead but you might be able to show it has some and get a reduction.

Some areas may have already seen the bottom, some areas will probably see further price reductions.

Technically, yes, but we all know it Will happen.Appreciation over time has always occurred, so branding it speculation is inappropriate.Speculation in my opinion, is the purchase of an investment with a short term expectation of gain from appreciation.That said, Rich's comment that appreciation and tax deductions are miles ahead of cash flow and principle reduction stems from the actual amounts generated.

:lol: One way to get more offers accepted is to really find the pain of the seller and give them a pill.

Tell them the scenario and find out how much reduction in taxes you should expect based on the new ARV.