big forum, reddit, irc, twitter user here.. so aware of the powerful information on discussion sites.My first post was over in starting out.. as I'm excited to learn what others have been doing and hopefully crack the code on owning my own house in DC where the real estate market is bananas.Background: I work in technology security and doing well as the DC Area economy is great. 

But reverses can be a pretty powerful tool to get you right where you want to be.

They don't want to be tied down to one place, they want the freedom that comes with renting, and the idea of re-selling it based on its future value is nowhere in their mind.

Understand and practice creative financing, nothing down techniques, control and roll systems,  Power  prospecting and contract engineering.

The down stairs seemed to have no power on.

However, the goal is to put as little of your own money into an investment and use other people's money (in this case, the bank's money), which increases your purchasing power...

The power of BP!!  

I am being told I can have power turned on for the day for a full inspection(done before offer is submitted) but they won't turn on water when there has been a basic failed inspection in case there is a huge leak/water intrusion problem. 

However, financial freedom is what we all seek, and one source of income rarely provides it. 

If the cash flow from a free and clear portfolio will be enough for you to live on, and that's your goal, then that moment of financial freedom is as far away as your amortization lasts, so going with the 20 year makes sense.On the other end of the spectrum, taking the long amortization and doing a cash-out refi every 7-10 years, depending on appreciation, is another strategy way to go.