On the other hand, usually more favorable interest rates, lower down payment, and lower credit scores accepted. 

The risk vs. reward margin is in my favor this way too.My opinion is to start off with your own funds, if you can. 

It is laughable how many don't and of those that do, they are not in your favor.

I do anticipate more refinances this coming year since rates are looking favorable and so many balloon notes that have been on extension after extension will eventually need to be paid off. 

You could also lock yourself up into a contract that is not in your favor for too long and miss out on other opportunities. 

It is a nightmare evicting deadbeat tenants, so when they are out I will only go back to AirBnb, short term rentals in the future as Vermont has laws very favorable to annual leasing tenants.

Do your self a favor and figure out which McDonalds Pete Fortunato meets at every day.

tend to believe everyone is motivated by money; people who are lifestyle motivated think everyone is motivated by the least amount of time expended; people who are risk adverse can’t believe other people are willing to “bet” on outcomes even when the odds are clearly in their favor. 80% of the time (IMO) people who make decisions we disagree with are not making stupid, ill informed decisions or being “tricked”; they just have motivation, needs and desires different that our own.  

My job allows me to get favorable loan rates. 

Even though the result was not favorable, I am confident that everyone involved in this transaction entered it in good faith.I can truly understand how this situation could be overwhelming for a new investor.