We are in the ame boat, I have no idea how I can do this.

Great place to live -- not so much when there is little to no leverage to purchase my own home, burn rate goes very quickly, or perhaps I don't know enough.I follow Brandon Turner, BiggerPockets, Grant Cardone and have attended both his Real Estate and Sales & Marketing talks.I would like to get into real estate to one day either purchase or build my own Home Recording Studio.

Also, in a mainstream asset class like value-added multifamily, I see no reason to take a risk on a sponsor that doesn't have full real estate cycle experience or that lost anything more than a small amount of money (and prefer no money lost).

No claim history and not located in a flood or fire zone.

(Note - No tenants will be sucessful moving with only 30 days notice in this market. 

Maybe it makes no difference.

A mortgage broker will not waste their time unless they have no business going on and are looking to hit a miracle. 

Apparently, the builders are so busy, one year is very lucky, but two years is more likely and there is no incentive for builders at the moment.

I do no think it charges the tenant for rent.

You also have the option of paying NO capital gains if you sell it within 5 years after move out.