I was a lender/banker that, after a long career on consumer mortgage and then commercial banking/lending, went to work for a community bank in Florida that was operating under a "memorandum of understanding" with regulators.

After you eliminate all personal debt besides your mortgage & max out retirement accounts & have a healthy savings account, you need to set aside downpayment + reserves to buy 1 house every 2-3 years and allocate a % to equities & private debt offerings as the rest.

Since we manage many large (8,9, 10 BR) homes onsite laundry is incredibly time consuming for so many beds.

If you've been getting tons of applications and just rejecting everyone then that's one thing, but if you aren't receiving a healthy number leads, showings, and applications, you should really consider lowering it.

Real estate investing has been an interest for over a decade, in which time I've consumer innumerable podcasts, books, and have attended boot camps and master minds.Here's my hold-ups:1) I do not want to put my family in financial risk.

Sales remain healthy and at relatively the same levels over the last few months.

The best ad doesn't matter if not enough consumers see it!

I have worked with agents that needed help filling out the description of the property (example of the bad ones)I'm not an agent but I can only imagine low price properties are MORE time consuming than a luxury home.

My wife will be the main live-in caretaker for the consumers (clients) till we have a stable income and then we will hire our a live-in caretaker for the property.

So if your debt (consumer or mortgage) is above an 8%, then feel free to pay it down to lock in that return.