That way, when/if you burn out on it, you'll be able to afford it if you planned it out from the beginning.Seems like the numbers might be tight for that as it sits. 

If you touch the stove do not get mad if you burn your hand.You purchased a 4 unit property for $112,000.

One-third of apartment developers surveyed in December expect new apartment starts to fall by more than 50% over the next 12 months, up from 25% when they asked 3 months ago (John Burns).* TANGENT Alert - U.S.

I still feel burned but lesson learned.I had a similar gut feeling that I should have listened to, but I wanted a tenant in ASAP to cover the next months mortgage.  

The question is it worth the risk for a possibly better rate with the chance of getting burned?

The mortgage banker will refuse to work with you in the future (I would if were them).So be careful before you burn bridges.

When Fed burning the money, you see the same effect like today where index dropping and home price relatively flats.So both investing at index and RE has its pro and cons.

And without doubt, the pandemic injected trillions into the economy that have been slow to burn off.So let’s look at 3 charts: Personal Savings Rate as a percentage of disposable personal income, Credit Card use, and Consumption as a percentage of GDP.Disposable Personal Income is after all taxes are paid.

If the house burns down or otherwise, YOUR insurance is what covers that incidence.

After getting burned a couple times by professional, experienced renters who quickly recognized our management inexperience, we began to pivot to increasing our knowledge of subsidy programs, mainly Section 8, which had inherent resident accountability measures modeled into their programs.