I’m really frustrated with this guy.  

Remember the intent is to help people who couldn't otherwise afford to get their own home, get one. 

It's definantly frustrating and looks rediculous....but that is how some people live. 

I have been managing my mother-in-law's building five unit building in a decent neighborhood in Chicago for 12 years and I live in that building until 2015 I bought the house as my family was growing and I wanted to get him out of Chicago give them a large backyard long story short I am able to afford paying a little more and finish my mortgage sooner in the meantime I have some about 60 or $70,000 equity already built in the house.

Real estate investing affords so many different options for making money with the downside being that it is extremely easy to get distracted by the latest shiny object.

If you're looking for somewhat of a city vibe, in Colorado, and want to still be relatively affordable, Colorado Springs ain't the worst place to be a first-time homebuyer. 

Thanks in advance for your response.Yes you you find a GC to help you with the design and costs so you do not design something you can  afford or that will out price the market. 

I found a buyer that wanted the property that could not afford it right now.

I found a buyer that wanted the property that could not afford it right now.

That being said,  I wouldn't get a mortgage unless I could afford the payments even if all the units were vacant.