After that, starting back up in Jan 2024, it resumes its 3% per year for both price and rent.In both cases, I assumed you bought one house a year as Nomad (buy house as owner occupant, move in, live there for a year, then covert it to a rental and buy your next owner occupant). 3% down payment for the first 3 properties. 5% down payment for the remaining 8 properties.So, in the "crash" scenario, you have 3 houses you already bought affected by the full crash.

The remaining income will be an estimate of your monthly NOI. 

But would still shelter the tax on the remaining 300.5.

"Sometimes the only way to win the game, is not to play the game" - paraphrased from War Games, re: nuclear war.But the OP title remains a little misleading. 1 in 3 buyers are not buying homes sight unseen.

What this means, in plain English, is if you're renting to 5 tenants and 1 skips out the remaining 4 students are responsible to make up the difference.

If you don't water here the most you have to mow is 1-2 times in the spring and 1 or 2 times the remaining portion of the summer.Usually the most effective clauses are ones that carry a stick (landlord will perform and charge tenant cost of $XXX if Y is not done) and a specific measurable requirement (tenant shall perform x each week).

However it seems you need to be able to refinance to pay off the remaining balance of the purchasing price (minus the down payment).

It will bring in some nice cash flow and should remain that way.

The confidentiality provisions of this Agreement shall remain in full force and effect after the termination of this Agreement.10.

If I do it now, and can manage to keep it paid for 5 years, I'll be in a better position from both an equity stand point and a financing terms standpoint - living in an equivelant house.I'm saving up a bunch of cash as if I was going to put a big DP, but rather than putting a DP down that may save me $75/month on my mortgage, I am going to use some of that money as reserves to support the conversion of my current house to a rental and the remaining as a sort of slush fund to build on for future investment opportunities, possibly sooner than I'd be able to had I went with 70 percent LTV.So in my case, I think 100% financing, a second rental and cash reserves is better, and even more pyschologically comforting that 70% leverage.Thoughts?