But when your option is between your capital going towards borrowing something vs. buying something that will be increasing in value down the road (hopefully), it seems more logical to go for the buy (in my opinion).In the scenario you outlined, I would do the math.

Is my logic off?

So, when I hear someone suggest that a difference in opinion is prohibitive of a logical conclusion about reality; I can't help but to question if that person has done adequate due diligence on their own belief.

Also, you'll find it easier to make the numbers logical on a house hack type deal that you owner occupy, since you'll get better loan terms.

Question the numbers and the logic. 

However, after becoming a more seasoned F/C investor your logic tells you that this was originated 38 years ago, probably 8 years longer than the longest term available for a conventional loan in 1975.So, the foreclosure did NOT affect the status of title as to a prior lien.

I know it depends on the individual but I'm staunchly in the owner camp for the same reasons as @Bryan Otteson and @Theresa Worsham.I'm a non-confrontational person who hates conflict but, since my policies are fair and logical, I have no problem representing them as my own.

I can't find the logic that tossing $1000 a month to an apartment complex in rental is smart in any way. ...

You do not want to make it overwhelming to the prospective tenants, but you want it to have logic built in to disqualify bad leads automatically.

Math is just pure logic.