In 10 years we could be in the trough of a new RE cycle and there really isn't enough time between now and then to have the appreciation still leave you in comfortable territory.

Looks good Eric, a few thoughts/resources for you (hopefully helpful thoughts):For Garbage and Recycling, The City of Minneapolis is going to require you to use their serves per city ordinances.

Included among our many duties are the ongoing collection and disposal of residential trash and recyclables, as well as the construction, cleanliness and maintenance of our entire street system".

Hope to refinance after 5-7 year after purchasing to pull out down payment to recycle

@Joe Kim has some good points, but I recommend you do your own rental agreement instead of recycling someone else's or a generic one and modify yourself.

I have the same issue they just keep slamming me with mail that goes right into the recycle bin They must be getting the list from the tax records .

A mentor of mine long ago told me that one of the keys to creating wealth is "The velocity of money" (How quick are you recycling your money?).

The answers seem to be recycled and worn, Mostly by folks that never really raised private money.

Sounds like you can keep recycling your cash into more properties. 

It's a good way to keep recycling that capital.Don't be afraid of HML.