Family owned and willingly sidelined until now. 

I since paid it off, not because I had to, but because I had some extra cash sitting on the sidelines.

When i started doing them my self i notice that obviously when the latest comps used are post pandemic prices dropped add that many people are waiting for the pandemic and moratorium to finish before buying.For condos and apartments investors are afraid to deal with current tenants not paying and the Eviction process.I think this is a GREAT time to pull the trigger since this has an expiration date, record low mortgage interest and buyers waiting in the sidelines... it is a perfect storm for property prices to skyrocket. 

So for me its all about new everything which keeps the capex down to almost zero for the 1st 5-7 years and the tenants want to stay long term because the units all killer lifestyle pads.So I'm still looking for deals because I'm showing my lending partners there are still amazing opportunities out there and whether there is a crash or not the properties I am purchasing will more demand in a crash and killer cash flow no matter what.So if anyone is sitting on the sidelines waiting for the meltdown of 2021 I think your making a huge mistake.

Or sit on the sidelines and try to time the market.

The combination of the holidays, local weather, and economic news caused some potential buyers and sellers to sit on the sidelines.

Friday we closed on a duplex/rehab.Already doubters are saying,how will you find time etc,No sidelines for us,reading is great ,listening is knowledge, but action is what we needed!

However, as I gain more experience, I've transitioned more to care about quality of cash flow over quantity (which seems like we are on the same page), more about long term growth in rents and prices (but who knows what happens short term) having seen the power in them absolutely dominating my returns over day one cash flow in the long haul, having sold some stuff as well as cash out refinance I care about equity position as it gives you more options in terms of exit strategies, and having sat out a large part of the recovery (after 2012) on new buy and hold acquisitions while some smart flipper friends made lots more money I have learned to become more strategy agnostic to adapt to the strategy that the local market is telling me is the best rather than sit on the sidelines or worse yet force thin profit deals with just one strategy.

I have contemplated just hammering down my mortgage with principal payments for the next 3 years and my off my loan, but am getting tired of waiting on the sidelines.

as a passive investor, lets just say I decided to sit on the sideline.