Located on a cul de sac with lots of mature healthy trees.

My approach has been to max out the loans I can get in my personal name, get good dwelling coverage, add a healthy umbrella policy, and make sure all my paperwork is reviewed by an attorney.

Recessions and expansions are part of the normal (healthy) economic cycle.

There are more than one way to skin a cat as they say.

Mom purchased a house for him, requiring him to pay nominal rent (skin in the game — just enough to cover taxes, insurance, maintenance,etc.)

@Jon Passow few things:HML are still going to want you to have skin in the game and require down payment.

Most investors want you to have skin in the game.Fannie Mae (5 or more units) would want the borrower to have a good track record, good credit and a few years of history operating apartments.The key principal (general partner, managing partner, any person or entity with a 50% or greater interest) to have liquidity of 6 months of debt serviceThere are lots of programs and lenders whose requirements vary greatly but you should consider that some level of experience + net worth is typically required for financing a multifamily deal.

I'm cautiously optimistic but will remain cautious because deals are 'relative' as related to their respective market, and this market is tighter then the skin on an apple.

Most will require some skin in the game though even if closing costs are part of the loan.

Seller's often worry - and rightly so - that the buyer has very little skin in the game.