New here :)As the Marketing Coordinator at Rental Property Owners Association (RPOA) of Kent County (Grand Rapids, Michigan), I like staying tuned into discussions about the trends shaping the real estate investing industry.

I personally think the credit card play is dangerous if you are borrowing and you have no real CASH.. you could make a mistake on what you use the money for and end up with massive credit card debt.If you can afford to pay them off if you make a boo boo then I don't see any harm in it if you want to give it a go.I know I could go out and get a couple hundred grand in credit card limits..

The top places I am looking at are Boise, Columbus, Cincinnati, and Grand Rapids.

Grand County allows them but the numbers are ... meh. 

Before i left, i left the last of my savings with my tenant, a long term friend (15 years) that rented from me for 5 years. my thought was with the 5 grand , he would have a nicer place to live and i would be able to maximize my appraisal and house hack a mutiunit. 

I don't have a grand understanding of construction, so it is a huge help if my PM does.  

I have been buying new construction Single Family 4/2/2 brick homes from a nationwide builder when they announce a Grand Opening.

You're going to have all of the following costs:Down paymentClosing costsVacancy / holding costs while placing tenantsCommissions to find, place and screen tenantsRepair / spruce-up costsBe sure you've actually run a grand total before you put an offer in so you know the full amount you'll be spending. 

Well your example as a $200,000 house and they're selling it for 120 which is $.60 on the dollar, if you were 20 grand down, refied it .80 on the dollarYou walking with some money arent you?

There are many plans you can buy on the internet and save a couple grand.