Real estate investing and fixing up homes is something we are both very interested in and hope to pick up once we arrive back in the lower 48.

I understand it's subjective but how did you arrive at a comfort level of $600k in each?

If you don't have appropriate records and meetings the entity is void and it all come crashing down. 

The end result is there is a bubble of sorts in capex working its way through many markets which is starting to come due now as we approach ten years from the major RE crash.

Hello Jon,Welcome to Phoenix. you have arrived just in time to enjoy the brutal heat.

@Brittany Thompson I will also let you know when I arrive in town and would love to hear about how you are able to offer sfh at a discount. 

We have now arrived into a position that we are looking to expand our portfolio, in both SF and multi family units, right now 4 units to duplexes.Well here I am now.  

Maybe everyone bought right after the crash, so their P&I is super low?

@David Dachtera  I'm just trying to get a better understanding, it's all just so confusing.Back before and shortly after the crash, we saw a whole segment of the market pop up around short sale flipping.

@Tommy Mosley, with the housing crash of 2008 came much tighter lending restrictions.