You are correct in your Austin assessment.

Gain a bunch of knowledge on different methods, etc and keep looking at deals and crunching the numbers. 

I submit a correctly completed standard realtor PSA with all addenda and attachments.  

The correct line of thinking is "What opportunities in my network and experience can my IRA tap into and get better results than what it is invested in today?" 

I want correct insurance coverage?   

If you want to retire with RE, you might not pay any taxes if you structure your deals correctly and plan correctly to qualify for RE professional( RE pro dont have a limitation of passive loss ) . 

Close Any problems anyone can see with this method?

Is he correct?

Then you can develop a long term relationship with that banker and be on your way.Using this method, I was able to find a couple banks that can work with me on terms similar to what you outline.  

The reason I don't like to look at the past is that what drove prices to those highs previously won't necessarily be the same dynamics that will drive them forward in the future.I can't say for sure, but I suspect the next time the market slows as a whole (or corrects), we may see some surprises as far as which city's prices decline, which ones hold up, and which ones recover the fastest.