You will end up way over your head and likely loose a lot of money.

Give you lender a head’s up asap.

For instance, there are many pockets within the perimeter (285) that change quickly.

For instance, I purchase in Western Mass and I look for at least the 1% rule on my multi's out here, but that would be super unrealistic if looking at the Boston market.

Pull all the equity out and get to a cash position.The extra money you made over the past year of exponential appreciation will offset your tax liability on the sale of the home.You never hold when the market is going to crash.We are headed into a strong correction in the market.Thanks

For instance, a letter on why you want to buy in the area, your love of the community, and maybe a few cute family pics.

Some investors I know are heading up towards the Scranton area where the returns are higher.On my property management company side, I'm working with a few owners who closed on their units just recently and found good cashflows in the ABE area. 

A heat pump water heater, for instance, uses less gas than a gas water heater, assuming the electricity is produced by burning gas.Electric resistance heat is expensive and inefficient.A power outage in Houston is almost never an emergency except in the coldest storms every 50 years.When the power goes out your gas heat generally becomes unusable as well, because you still need electricity to run your blower motor.

I have to run numbers to see what makes it worthwhile for both of us, but off the top of my head, I'm thinking that we share the booking funds 70/30 (70 to me, 30 to her) and I use those funds to cover all costs and make my profit. 

You don't need to give your secrets away, but I'm willing to take any suggestions as to where people (in the U.S.) are heading to.