So, I don't think we are dangerously close to a bust at this point.

Dangerous game to compare the two.Best of luck, and happy to connect and discuss!

@Kole Kingslien, about a year ago, I purchased a 4-plex with asbestos siding using a 203k loan, so here’s what I experienced...The asbestos siding (at least mine) is not dangerous to health, like many people believe the insulation. 

Too dangerous as scammers are all over. 

What has been posted is enough to be "dangerous," if it wasn't tax season I may be up for a phone call to discuss your concerns further.If you are interested in investing in a syndication and the tax treatment is a material matter I would question whether it is a good investment. 

It's possible but dangerous.

Lots to offer beyond the weather, but some people would consider high housing prices and explosive population a negative, therefore negatively affecting happiness. 

What are the dangers of being 100% financed?

But basically I agree with only doing this local if your not in the business of funding out of area folks its hard enough and dangerous enough.. if your just looking to do a few projects a year I would only do them where you basically can drive to them.

I would talk to your local board to make sure it wouldn't put you in danger of losing your license.