Hopefully the situation can be remedied sooner than later with the appropriate legal action.

They have the lowest rates we can find and since they are 30 year fixed...they allow us to cash flow better...which helps us qualify for other loans later.

There are other ways to invest - buying a property with owner financing, buying a fixer-upper with cash and living in it while making improvements and get a mortgage later, or pooling money with others.

Wants to start with approx 20 duplex and expand from there later on.

She 5x'd the RV revenue when the pipeline workers arrived and sold when the pipeline was finished a couple years later. 

Also, there is a exclusion to the rule for significant life changes: you can buy a house in Huntsville with an owner occupied loan, then move to California 6 months later and obtain another owner occupied loan when you do so.  

Chase moved WAMU executives retirement accounts (previously fully funded $800 million) into rabbi trusts, took the money, and later bankrupted retirement accounts.TPG survived the hit.

Later in life, you can (should) be more concerned about paying off mortgages and being less leveraged.

Here's my take on Cleveland so far: Pro's:- Cashflowing Mutli family houses can be had for well under $100k, in "turnkey" condition (or close to it)            - Turnkey is important since we are OOS investors and it's our first time purchasing, so we aren't looking for a BRRRR just yet,                 but that will come later once we feel more confident.- Many properties already have long term tenants placed in them- Prop.

Make sure you've got your financing figured out sooner rather than later!