Smart...I personally like a little long term fixed rate debt because I think inflation will soon or later erode the real value of it, transferring that purchasing power to me from the bank (or whom ever the bank sells the paper...unfortunately that may be the tax payer via fannie freddie).  

All good points above.Since we are in a very lateral market with slow appreciation [and depreciation] I wouldn't count on much appreciation like some more volatile markets.We can, however, provide rock solid cash flow and ROI.  

I will post the Facebook link later or Tom Auterman will share the details if he sees this post.

Some would hold the money and wait for the Real Estate crash which will happen sooner or later and have cash to buy up a lot of property at discount prices.  

@James DeRoest  to your point I have two good friends in Oregon that went this route against my pleading with them not to .. as I have extensive experience in those markets and with the asset class.. and they did not.one sold a fantastic 60 unit at a 5 cap which is what multi trades for here in PDX these are B's  and bought C class 300 units in Oaklahoma city.. not 8 months later she called me in a panic and wanted to have coffee.. they were ready to lose the building...

Is this a way to dodge paying taxes until a later date?

About a year later we finally closed on the house for $229k (big profit).  

i know a lot o you are not hands on with your properties, but I for one, am, the sewer lateral issue has been a big one for me, so i purchased a 50 foot USB drain camera on Ebay for $15 or $20 attach it to my electrical fish tape, and inspect the line as part of my rehab, or prior to purchasing if possible. it works for me.

I am interested in the later, so for me, it makes more sense to be in a market that is close and that I am familiar with. 

She lives in a trailer park and $1700 later had some questions.