If they raise it more than what you paid for it, you should be able to protest the value and submit the required documents proving it is worth that amount only as well as comps if they are substantially lower.

We would only have to put 3.5% down, get into the best school district in the state and lower our fixed monthly housing expense by $2k per month, with the 2 rental units occupied! 

After all during the recession the highest rates of unemployment were at the lower income and education levels.

Their returns are typically lower than the amounts promised by an LLP syndication but they do retain their tax deferred status.

Based on the real cost of home ownership renting will easily be lower than owning a home.

However, with lower competition and high returns, I can see why it's attractive.  

Other notesYou might be able to mortgage the house with less than 20% down payment lowering your HELOC.There will be a point when you are paying for the mortgage on your rental its up to you to get it rented back out as quickly as possible.Fear is always present in these high monetary investments.Find a good agent or start marketing to find some good deals.Reach out to other investors in SLC we are always willing to help make sure you don't make a mistake.Cheers and best of luck!

Whenever we've made exceptions and approved ppl with lower credit with an extra security deposit (or two), problems have been more likely to arise. 

At times even lower level  -aka  town may have its own rules.

Hello,I am interested in buying an off market property in my area, and am wondering how to structure several offers as I know the seller is open to cash, owner-financing (as long as it has a short term), or regular mortgage type close.My target price is $265k, which I believe is more than fair as I purchased a property in the same area at a lower valuation some time back.I was thinking of offering $260k cash.