@Jay HinrichsSince you yourself prefer investing in low risk/high quality homes, what is your reasoning in recommending turnkey homes in markets that are generally the opposite of the ones you're a fan of?

Have any ceiling fans?

I'm not a fan of these because: 1) I have no way to ensure they are indeed exclusive - there's a lot of shady people down here. 2) Even if they only sell those leads to you, they aren't really "exclusive" to you - like I said, lots of people are mailing them. 3) They are quite expensive.

The agent we spoke with was not a huge fan of the FHA loans and recommended putting 20-25% down which based upon current inventory in the West Town / Ukrainian Village neighborhoods would mean that we would need a down payment in the range of $140-$180k.  

Well, I have news for you, The PIP Group is way out of your league. 

And I worry about who they are in league with to carry out deceptive appraisals).Someone in another thread brought up the "low document" loans that were foisted on unsuspecting home buyers back around 2005-7.

Though I am not a fan of financing real estate purchases with a personal line of credit.

I am not a fan of insurance, but unless you can afford to lose 100% of the property, buy it.

@Joseph Burke,Adam nailed it with his last sentence.I often ask this question, and few understand it - until "stuff" "hits the fan", THEN they get it:How much money can you AFFORD to "save"?

This is the exact scam company in the thread https://www.biggerpockets.com/forums/79/topics/185362-please-help-41-000-paid-to-a-guru-company-to-be-refundedThey change their name constantly to stay ahead of the law and are being investigated by several state attorney generals offices.Currently Tarek and Christina El Moussa from HGTVs Flip or Flop have sold their souls and are the spokes people that are leading to ripping of their desperate fans.