But what a lot of people don't know is that if you have owned your property for say 5-10 years - all that deferred appreciation your county tax appraiser has been tracking all those years - but not able to pass it along to you due to the caps on increases - goes out the window.  

All I can tell people is that REI has been very good to me.

just wanting to get BP people's opinion on what way is the best route to go with regards to buying RE with leveraging or getting properties paid off as soon as possible and why?

So many people get suckered into these "deals". 

I can’t say this never works—plenty of people have done one or more deals this way.  

Most people know this. 

I seem like a complete downer on these forums, but building new homes is much more difficult than most people think."

If it were good, so many people wouldnt shy from their experiences. 

BP is a great resource to get questions answered and to meet people.

  $960,000 / .08 % = $12,000,000Most people with $12,000,000 are not going all in on Real Estate.