If i can barrow at a 3% 30yr fixed rate for a cash flowing MF or SFH and the inflation rate is now somewhere around 4% not only am I getting the tax benefits, appreciation, cash flow, and all that other treats that come with owning real estate but now I pay it back with way cheaper money!!!!

The loan is treated as a cash out refinance, so the rate is not as competative as financing the initial transaction.

Also, treat a broker like a contractor.  

It's unbelievable the way politicians are taking away property rights and treating Tenants like victims.

Thankfully, the house survived with no damage.The Current NumbersAt this point, the house has been in a stable state with no vacancy for about 5 months now, and the numbers work out as follows:Rental Income: $1650PITI: $1363Average Repairs: $51Average "Promotional Expense": $25 (I like to treat the guys with some beers every now and then)WiFi and TV: $96 (not entirely sure why I offered to pay for this since we split the other utilities)So it would seem like I'm living for free and netting a little over $100 per month, but we should remember a few things: I went 3 months with vacancy in the 4th room, I'm about to replace the whole HVAC system, and I still pay my split of the utility bill.The Final RecapFor about $19,200 cash down and another $10,000 that I left in the house bank account, I've basically been able to buy myself 8 months of free rent, 9 months of loan paydown, 9 months of appreciation, and a PRICELESS learning experience.

The key is that the LLC must be disregarded so that the purchases are treated as if you and your husband are the true/real buyers of the replacement properties for tax purposes. 

What I have seen is non-locals getting treated pretty rough though, due to the housing crisis.

Because the lending & valuation is treated similarly.

He treats the US RE market as a monoethnic bloc, which it isn't.  

Those funds are out there but it must be compelling as hell for them to treat as first timer as a pro.