It is yours and my money the government has (or will) taken away from us so that they can give it to those who have shown that they can handle the responsibility that comes along with the purchase that must be made with it.And then we could debate how much it is costing in delaying the economic recovery in the housing market by all those who are again ending up in foreclosure continuing the cycle that should have already ended.

For example - nobody's quite sure what will happen with Greece and portugal (unstable, recession end date unknown), and are mostly certain the USA will someday bounce back (normally stable, temporarily recessed but with high recovery potential).

So as long as the equity I can recover is larger than the difference between rent and my PITI I'm better off.For instance the apartment I'm moving out of rent is $995, money I'll never see again, the house I've bought mortgage is $1147.

Not helpful to the housing recovery but good as a landlord

STR reports are looking great due to the strong recovery in this specific market area for hospitality, so I don’t foresee any issues regarding the take out loan which will be based on the LTV.

A total of 78,000 expected available jobs by years end, and if this momentum continues, Austin would have a record re-employment by year end. (2)Almost 120,000 net new jobs are likely to be added through 2023, bringing wage and salary employment to nearly 1.2 million aggregate positions.(2)Austin ranks number one across the country in “Jobs in Excess of Pre-Recession Peak” at a growth of jobs created since 2009 recession of 38%.Second place is Nashville at 29%, which is nearly 10% more added jobs than the next strongest MSA — and 29% greater than the national average of 9%.Another national reference Mark Sprague noted was that only 8 metros have had full recovery (full employment or better, real estate sales/ values and GDP better than 10 year ago) and four of those Metros are in Texas.Also, throughout the entire pandemic Austin’s MSA stayed in the top 10 of all MSAs — and Texas had at least four cities in the top 10 throughout same period.A strong state economy surrounding what might be the hottest market within that state is a good recipe for investing.With double digit YOY appreciation and strong demand, the City of Austin remains one of the best places to buy & hold and even flip real estate.ReferencesTexas A&M Real Estate Center — https://www.recenter.tamu.edu/research/market-research#!

In fact, a strong network is actually pivotal to the recovery program.But my question is why buy when you can rent?

This is the third Elevate Recovery Homes house and the second that we have ownership in.

I want to get all my cash back from the CF, wo the higher the CF, and lower the cash out (DP) means less to recover and a faster recovery. 

Can price recovery be slow even with a half a million increase in population for both 2022 and 2023 ?