[turbo6bar]

Regardless of the financing, it still doesn't pencil out as a decent investment. The only way to make this a decent investment is for appreciation to outstrip inflation by a significant margin.

While I do agree Wayne could utilize sophisticated financing to maximize return on his dollar, you need to remember he's $3500/month ahead by renting. Throwing a down payment, I-O, and option ARMs will only reduce that net gain.