You also have a variety of price ranges, lending options, and markets that allow for a low cost to entry. 

In this case, the second bedroom isn't necessary, but does get used as an office for the person working from home.

so, for each individual person, it's more or less doable.if it's going to take you years to save up a down payment, can you increase your income and/or cut your expenses?

This just depends on you personally.

Same facts, except that John only has 3 days of personal use in the year. 

I know that much of it is based on personal risk tolerance but any advice would be greatly appreciated. 

So now it hits a rich and famous person.

I personally reserve 15% of my rent per month for maintenance, capex, and vacancy.

Salt Lake (also Zions) Navy Federal 80% LTV LONG draw period of 20 years, and 20 year repaymentNevada State Bank, in first positionNorway Savings Bank, MaineOmaha MortgageOne Nevada Credit UnionOregonians CU - ORPenFed - StoppedPeoples Bank of NCPioneer Bank, MNPNC Bank on primary and secondary (2nd homes) must be in personal name and 50% DTI is required.PSECU up to 80% Quorum Federal Credit Union 80% LTV, owned by LLC is OK.

The drop leaf table folds up for a third person or move it out for a 4th.