Many that grow up in renter-filled areas fear such things as mortgage payment, credit checks, or simply breaking out of their current environments.

And it seems Mayor Michael Tubbs must've stumbled onto my post and read it (or at least I like to think so) because big moves are happening with Stockton's Open Window Project.From the first page of the report (pay special attention to sections I emphasized):"The ‘Open Window Project’ (OWP) Master Development Plan (MDP) for Downtown Stockton proposes to create the framework, urban design standards and guidelines for the urban regeneration of the heart of the City transforming it into a vibrant, mixed use, mixed-income, pedestrian friendly neighborhood.The MDP envisions transforming 11.884 net acres on 51 individual parcels over 15 city blocks into a dense urban environment with as many as 1,400 new dwellings together with retail stores, live/work lofts, and work spaces.

@Tara Gupta you can spend a million on that Green remodel, but it will have zero affect on the environment.

How will the property perform in a stressed environment (lower rents/higher vacancy)?

However, if you have an open schedule and prefer an office environment, one of the brick and mortar brokerages may be better suited to you.

I think it is actually healthier to see some additional inventory hit the market so appreciation rates return to more sustainable numbers and financed buyers that were constantly getting outbid finally have the opportunity to lock up some deals.

Our environment cannot always be controlled by a system of locks and security cameras and access cards.BTW - I took your advice and checked out a Sig P229 in .357sig.

Your idea of just buying real estate for $1 million in a 10% inflationary environment doesn't mean the real estate will be worth $1.1 mil in a year due to "appreciation" from inflation.

I would just add though that in this shaky environment, don't be too aggressive on pulling all the cash out (as Stephanie said, 75% ARV and 100% of your costs will be hard limits), but no need to really stretch on that if cash flow is tight (likely given current market and rates). 

DSCR loans are typically about only 1% higher than conventional, but can be a bit elevated in today's environment, but 10.5% appears very high at first glance (especially if you just got one quote) - should shop around for sure