Let me explain.For ex. the decline in oil prices and resultant job losses in the Houston market caused many Class A tenants to downgrade to Class B, maybe even C.

This means the bank isn't going to let the property go for less than the balance, because they would take an unnecessary loss. 

Everything else, not sure...Just on OOS investing, I personally sold my OOS at $120K loss about 4 years and best decision I have ever made....

If something happened and you would have to sell, if you didn't buy right then you'll be taking a loss.

Another quarter point and now it's a loss of 30k in buying power.As i understand it, house prices are not correlated to rates.

It's not uncommon to experience a paper loss during the hold period which is why its a very tax efficient opportunity.  2) If you experienced a cashout refi during the year, that is considered a return of your capital investment so is not a taxable event.2) Yes, a K-1 is what syndications send to the partners in the deal.

With a turnkey, you have almost no exit strategy short term that won't cause you to take a loss on the property.

This is my issue with 1% agents... they are literally taking food off their families table in a desperate attempt to undercut other agents and take the listings at a discount.

The lifestyle, language, food, culture, sights, smells were all different.

Don't be surprised if they have food on the ceiling.