I listened very carefully to everything he said and took it pretty seriously, and more than once it triggered me to make a game-changing decision that helped my biz and investing succeed.

A transfer to an LLC will trigger the clause and should therefore be avoided, even though banks are hesitant to ever foreclose as long as the note is being paid.

A lot of the mountain properties kill it with Airbnb/short-term rentals during the winter but slow considerably during the mud season.

You must have Medicaid Triggers!

These two factors were the value adds in this deal that made us pull the trigger.

As an investor you want to make the numbers work for you, and if they don't, you simply do not pull the trigger.

Rent is below local market getting lots of inquiries but only a couple applications and even those fail to pull the trigger on signing a lease. 

Will take Trulia's output into consideration, but by that same logic, parts of Dupont, most of U Street and all of Shaw would be considered off-limits, since most parts of these neighborhoods are dark blue on Trulia.Anyone have direct experience with some of the neighborhoods off of Central Avenue, near Central High School?  

As you mentioned, whether you'd want to invest there or not depends a lot on your risk appetite (aside from lifestyle considerations).

 I would only do the ARM if you will Brrr the property or if you will pay off or pay down the property considerably in 5 years.