Otherwise, you could get a $100 Assessed Value on a house, if you got an extreme discount.Now, your actual tax bill includes additional voter indebtedness, bonds and other assessments, which are technically not property taxes, but are included on the tax bill, in addition to the 1% property tax rate.

The next few questions you need to ask yourself, and your family, is do you (and your wife) want to make this REI a business that will bring an income to free you from the bonds of your work?

We always buy with a bond for title that wraps the HELOC.

The DSCR 30Y Loans  have seen a lot more changes as they are tied to the bond markets. (10Y Treasury Yield) @Meredith Von Kleydorff

Your numbers, not someone else's.2 - The market or markets you will be investing in (this changes with time)3 - The strategies (not strategy) you will using in each of the different markets you will be investing in.financial freedom is achieved when you have enough double tax free Muni bonds in your portfolio that generate enough return to live the lifestyle you desire.. thats true financial freedom  rentals while nice are still work and still have a fair amount of risk depending on where you purchase.. 

@Shirley Peeples Welcome to BiggerPockets and congratulations on finding a potential deal to sink your teeth into!

This is the best explanation of the complex US Treasury market I've ever read.Even in a worse case scenario where inflation and banking volatility accelerate, the greater likelihood than a spike in mortgage rates would be some type of FED intervention and return to some form of quantitive easing through bond purchases or debt swaps. 

Quote from @Noah P Bonds: I think this speaks to a greater need to educate renters on the reality of how their rent is set.

Originally posted by Frank Adams:I looked on this as my own "bond fund" or as my wife says a "FrankieMAE" fund.I loved that line.

Obviously they bonded him out.