This includes:1 - Down payment2 - Negative cash flow3 - Added money out of pocket to pay off mortgage faster.If you put $20k down, have $4k negative cf per year, and add $4k month out of pocket to pay down mortgage faster, your cost is $20k plus $8k/year. 

The amount of debt as a ratio to GDP is in dangerous territory where now there is a negative effect of government spending on return because the interest paid on such debt is at a critical threshold.At best I think we are going into 10-30 years of stagnation as was seen with the "lost decade" in Japan.

My friends just put an offer yesterday for $1.045m on a high growth area .Also, be prepared to be negative cash flow

@Ken LatchersWhy are you always negative to people’s ideas but never actually share where you like to invest?

No red flags or negative history, no debt except my primary residence, ample investment knowledge and available capital, etc., and find it frustrating to be blocked and be closed off to funds that I would 100% invest in.

It seems like it could save the government money they only negatives I see is it could open up fair housing concerns and cost for the automation but could be outweighed with reduced calls. . 

The negative cash flow from CA properties helps them defer the income tax. 

., you would accept properties that have minimal (and short run negative) cash flow, so long as you collected 6 properties within your timeline?

Now I don't necessarily agree with this, however, I am very new to this world and I am curious if converting the garage would have a negative impact if we sell the house in the future.

Just remember: most negative reviews are written by problematic tenants.