Instead, it's about identifying the ROI that aligns with your investment strategy and risk tolerance.

You can buy a Vacation home out of the state and only need to put 10% down. 

Assuming you are able to save this cash what is going to change in the next 2-3 months of not making payments that is going to put yourself in a much better financial state. 

Of course, this depends on your unit blends... 3 beds are in HIGH demand.  4 beds are instant refills (and warrant annual rate increases).Hubbell CBRE puts out a rental report every year. 

If it’s not for you, there is a risk-free exit strategy.

No one wants to rent with people they don't know, in my town groups will set out to find houses, not singles.Then as I tell the kids when they complain "Its much more motivating to come home to a house full of angry roommates than it is for me to call you a few times"Continuing: If someone leaves I put the students in charge of finding their new roommate, I don't want that responsibility.

I was trying to put the land and construction costs into one loan package.

No surveyor is going to certify another set of stakes or pins because they have no idea how they got there or who put them in.

Hey Sharma, if you know all the risks associated with buying RE and doing section 8 there, then by all means go for it.Lots of people are telling others to "go there" because the inventory is high and people need to get rid of it.As someone else mentioned, before you make any investments, go drive around and make a decision for yourself if you want to invest there.One last piece of advice: Don't just look at the numbers.

That may have been from a transaction you had along the way by writing a check or putting your account number for automatic bill paying.