You will still be benefiting by paying down the mortgage and increasing your equity, modest appreciation of the property and potentially the tax benefits of tax free cash flow and a passive loss to offset earned income.

You can take tax losses with your non qualified money.

Fine if you can afford the loss, I actually do that on the little ones, but it's not very smart if you can't afford to cover things if they go south.

Many people start with a townhouse or single family because it is what they know and there is a lower financial loss if things don't go according to plan.  

When you have these items defined early and before they happen then you are not making a rash decisions with emotion attached to them.  

With enough units you may be able to cover any losses a relative may present. 

Welcome, the key is read all of the items that interest you on BP

Develop a relationship you will get more free items take him out to lunch and ask some questions.

Each loan was gone over with a fine tooth comb, everyone trying to blame someone else for the loss.  

If the project has a significant value add play or is spec development, you're risking a huge loss or extension of your repayment if a recession hits.