While I strongly believe we will see opportunities for real estate bargains in the near to mid term. (6 months to 3 years) those opportunities may not be in the type of house you would like to buy to be your home.

In regards to top of the market, mid market, or low end, needs a lot of cash up front to Reno?

I'm also starting to look at smaller towns around the mid-valley or north along highway 30. 

I did this for my MF refinance to get mid 3s.

I'm in my mid-40s, so when I show up to a REI meeting in jeans and an untucked, collared shirt in my pick up truck, no one bats an eye. 

I view this as very low risk.A more likely mid term result, is high inflation which will make your property value and rents rise.

Jamal purchased the property in mid-2012, lived there for 1 year, then, he rented the unit out for a positive cash-flow/income.

Jamal purchased the property in mid-2012, lived there for 1 year, then, he rented the unit out for a positive cash-flow/income.

I purchased the property in mid-2012, lived there for 1 year, then rented the loft out for a positive cash-flow/income.

I purchased the property in mid-2012, lived there for 1 year, then rented the loft out for a positive cash-flow/income.