Really, the main purpose for those, is to help people achieve their home ownership, not to help them purchase an investment property.Another thing to keep in mind is that, if you decide to purchase another home a year later and hope to rent this one out, if you didn't have that much cash to buy the first one, you might find it very hard to secure another one.

Many people underestimate this problem and often are happy to climb the “euphoria of celebrity” and recognition only to see the dark side of the same.

We traded a great deal of in-the-moment comforts to achieve these things, but it hasn't been all dull.Along the way, my wife and I have taken multiple one-week vacations: NYC; drove the 101 from Portland, OR to San Diego, CA; drove from Portland, ME back home to Omaha, NE; and hit Chicago for food and Cubs games several times.If you want to escape your financial burden and achieve financial freedom, you can, but it requires difficult choices and hard commitments.

To keep to the 70% rule you would need to buy below $400,000 to achieve the median ARV of $600,000. 

I think when you are buying in the WA the level of service and amenities are extraordinary, but my my personal opinion is the it quite inflated due to brand recognition. 

Remaining vigilant of market conditions can allow you to modify your strategy, and adjust to ensure you can still achieve your overall investment goal even in challenging circumstances!

Remaining vigilant of market conditions can allow you to modify your strategy, and adjust to ensure you can still achieve your overall investment goal even in challenging circumstances!

I am a very passionate, motivated, and desperately want to succeed in achieving my passive income.

To some, spreading your initial capital stack across multiple assets may be a better way to diversify than acquiring one large multi-family asset while still achieving a comparable overall return.Feel free to send me a private message with any additional questions. 

Welcome @Jaime Aguilar I think you can achieve that goal.