One thing I can assure you, there isn't an asset class in the world that would have me comfortable at 100% leverage.Your money on the sidelines is great in principal but in reality it will be put to work covering the net loss on the properties you buy as you will be overleveraged and won't be able to cover your operating expenses with the rent.

What if they build just outside the city limits, so they are not paying city taxes?     

Your perspectives have been incredibly helpful as I navigated how to handle the situation.Here’s how I just responded to the tenant:I expressed sympathy for their situation and the loss of their pets.

While there are some limits here (you don't need a pasta maker), asking about having a plunger in each bathroom closet is insane.

The voucher holder is happy (very limited inventory) and as the landlord I can get a higher rent compared to the private market.

@Jenna SchulzeAs a newbie investor with limited capital, I’d invest close to home.Invest in areas you know well.I’ve been in the RE industry since 1978 and people always ask me:What’s the best market to invest in?

The type of property can influence the risks you face, so coverage limits matter.

Can you sell without a large loss?

you might say something like, "I’ve been studying Austin and Denver for rental properties and have a $200,000 price limit—what are the pros and cons of both markets?"

Quote from @Christian Pichardo: Quote from @Caleb Brown: Should you cut your losses and move on?