My advice is, read the fine print and understand the economic trade-offs you’d be making.You can come out ahead, but usually not as far ahead as appears on first glance, so make sure you understand the full deal that you’d be striking.The few that I investigated, I decided limited my future options too much so I chose to pay market interest rates to retain my flexibility with the property/project, or in other cases decided not to pursue the project at all regardless of financing terms.One important thing to look for is whether the financing (and obligations) transfer to any future owner and if so, under what terms, or if they do not, and instead trigger some kind of backout/payout clause on you.Many of those tax/loan programs stretch out over years, and since it’s hard to predict the future, it’s also hard to understate how they can limit your future options with the property.For example, many times we’ll do a 10-year holding projection initially but market conditions after only 4 or 5 years might warrant considering an earlier exit.

It’s a national brokerage that’s publicly traded on NASDAQ.

I am a Licensed Architect by trade, specializing in residential remodeling & construction and looking to get into REI.

The interest rate is only marginally higher and well worth that trade off.I wouldn't sweat the DTI stuff too much.

Lana,It's a slipper slope when you start trading rent for work.

However I think the newer condos in that area are currently trading at pretty high numbers, and are stagnated a little bit.

Sometimes, the elected  cause unintended consequences but I brought this up and the general feeling is it's better for all if they limit restrictions but in the end it will make it much harder for people on the edge which the elected are willing to trade off.

@Claudia AdamsI don't think turnkeys are too good to be true, but rather a trade off that might make sense depending on the situation.

But I'll trade a like at "equity stripping."

@Erik WhitingThanks Erik this was helpful and it gave me a dose of empowerment :-)I am noob still learning the tricks of the trade,BP and the forum members have been very helpful .