We're talking like a 2008 type of catastrophe happening before you'd have to worry about notes being called due, and still you'd find banks to back you as long as you held cash-producing assets.As long as you use a HELOC to purchase an asset, you win.

As long as the investment portion of the new property equals or exceeds the value of what you would be able to defer all tax.The only concern is in your use of the word "hobby". 

For context some of the people I know who are potential lenders/partners are significantly older than I am and may not want to stay "in the game" as long as I do and will want to get the return on their investment sooner than me.Looking forward to everyone's feedback.Thanks!

As long as you're in no serious rush to attain this goal, house hacking could be the right strategy for you.

It is best to analyze the investment with long term rent rates and enjoy the flush short term furnished rent rate, as long as it lasts.

If they are not together, one of them may still write the umbrella as long as the limits on the other policies meet their minimums.  

If you purchased the home and lived there just under (12) months so long as the mortgage is being paid in time your not in default. 

Roaches are fairly common in LA, so if you can find a tenant who is familiar with the area, they probably won't be too shocked about it or want to move out as long as you can work together to keep the roaches from getting bad. 

Appraisers get it wrong sometimes and as long as you are in a position to cash flow it in the long run I say you do it ALL DAY LONG BABY!

As long as it's in one of the good neighborhoods, my vote would be Poconos.Mike