We need affordability bad here in Denver and there are some groups who may be able to streamline the whole purchase and get you market rate.

Told her what it was and she asked if I could discount her rent so she could afford to go to a counselor so she could sleep better.   

If you are in your 20's, you can afford to be riskier than if you are in your 70's.

Where as something cheap like pine straw will require yearly maintenance but it will be very affordable.

If you can afford the 20 year payment, even with an unforeseen financial hardship then it may make sense to save on the interest. 

If it were mine, I'd just "Don't Know" the cat(s) are there.Maybe they pay the extra $50 for a time (if they can afford it) then move out--to somewhere with a less punitive owner.That way the rent checks just keep coming in and paying down the mortgage. 

To me over leveraged means you have big car notes  your CC are close to or are maxed out and your only making minimum payments you go buy furniture and you finance it.. you buy real estate with the least amount possible down at market prices.And your cash reserves would only last you a few months to service all the debt.So no retail debt pay cash for anything you consume or use  OTHER Than a vehicle and decent amount of TRUE equity in your real estate no FO equity IE refi appraisal but you know the home would never ever sell for that on the open market. bascially follow Dave Ramsy and @Steve Vaughan  over the years on BP has written some really good comments on how to build an empire while balancing family life and fiscal safety..  

This arden and carmichael seemed to strike a nice balance between affordability and nice, spatious properties.

Payment if I can afford the down payment with out a Partner.

@Rachan Malhotra I think you attached the Florida only list, lol...what is the relationship between fast growth a doing well as a housing provider...aka "real estate investor"Every city in America is facing an affordable housing crisis right now despite the market flooded with federal dollars and more programs than you can count...quite frankly, you can do well almost anywhere.