The second was in a rough area it got burned down but I got paid 💸 it took a while but it was worth it.

Renate Brison I agree with the others, interest only loans have a burned me in the past.

For example: "I'd have to have a renter not paying AND I'd have to lose my job so I couldn't carry the mortgage out of pocket AND I'd have to burn through my 6 months reserves without being able to evict or get another paying tenant AND I'd have to further not pay my mortgage for 2 years AND the market would have to drop by more than 30% in that period and eat up all my equity so I couldn't sell ... then I'd be in trouble".

I'm burning the boats and doing it full time.

I'd rather see folks get in the game than get burned out by not getting the exact numbers that are in their deal analyzer...

As said, trust your gut.  95% of the time when I go against that feeling, I get burned. 

As long as the Fed is burning off capital no, there will NOT be more inventory, and as we are in a significant net shortage thus supply-demand supports price.    

I've been burned being an out-of-state investor in the past.

For example if someone else was sleeping there and you knew about it and the house burned down killing the person, you could potentially be held liable for their death. 

Follow into the cozy deck off living area with wood burning fireplace.