Had to excavate and recompact the soil at the building site.

Personally, I think anything less than6 healthy months of reserves and you start to play with fire.

If you purchase a rental property with 20% downpayment, your tenants will pay for the other 80% ... sure the mortgagee makes a healthy return [ :-D ], but in the end, you own 100% of the property are all but guaranteed to get your downpayment - plus much more - back when you sell.

Originally posted by "all cash":I'm going to take a view that many others WON'T agree with, but I think I can refute their "tax advantages" point-by-point.Well then let's get started with a healthy debate.Originally posted by "all cash":1.

That will offset a healthy mortgage and may even cash flow. 

No appraisal, strictly an approximation based on comps.Between my wife’s student loans, a car note, and hospital bills (healthy child-birth) there is approximately $60k in debts.AZ house note: $209kCurrent rate: 2.35% VA IRRRLCash flow: $200/ monthApproximate AZ Value- $325k (guestimation)$60k debt: $1,700/month expenses Should we consider a conventional cash-out to clear some of the debts?

It would have cost just another week's worth of rent to bring of a load of top soil, hand spread a small bag of grass seed, cover with straw or other mulch (to reduce evaporation), and screw an inexpensive sprinkler timer to the yard water faucet. 

Rhetorical question.If the citizenship of the person is in question, do you apply Constitutional law if they are on US soil?

Or are you going to argue that breast milk is healthy so they were actually doing her a favor?

The realtor says KC is built on clay soil so it's not uncommon.