You could've asked that question live and gotten some great perspective from a few good folks there!

For me I don't think it would fit my business model from a time perspective.

I also own (and self-manage) a couple of my own multifamily homes (mostly on the east side of Providence) so am very familiar with the market from an investor's perspective.

The chart is outstanding and helps put our market into the proper perspective.  

I know themeforest.com has some themes but I'd love your perspectives!

Have you pulled back the reigns, or shifted your focus to other markets?

My only message with this post was provide the "other side of the coin" perspective.  

Appreciate the renters perspective Paul Crawford

Obviously I wish we could avoid this, but from a financial perspective, if I know I can use my great credit going forward and will be handling all financial items, do I care about using my savings to dig out of this hole, or just go forward with much easier loans, which I can get approved for with much less hassle.

I don't know your market but there isn't much meat on that bone from a cash flow perspective... putting 15% down and paying for repairs makes it ugly in terms of CoC.The structure itself... it's about what you'd get from a credit union... 5% is likely a little lower on a 30 year amort but with the 10 year balloon it is similar.