I have found diminishing returns sending too often to certain cold lists, like absentee owners.

A lot of silliness is going on, although from what I see, senior lenders are taking a bit more caution which should diminish the chaos.

You are only putting that percentage away if your business earns enough to put it away ... if you have a spell of higher than anticipated vacancy, your reserve set-aside may be diminished or foregone for a period.BTW:  Vacancy in our local market is running ~6% for 2-bdrm units and 3.6% for 3-bdrm units.  

Plus this may diminish your desire to correct the issues causing this building not to perform.I would use this experience to learn how to better analyze a property before making your next purchase. $50/door isn't the end of the world, considering most people try to get $100 per door on small multis, so your half way there.Analyze every expense and see if you can save any money anywhere.

Also, owning MFH diminishes the variance in vacancies.

Unless I let the properties fall into disrepair or my personal situation rapidly diminishes.

Most markets I'm in, have vastly diminished buyer pools.

One of my partners is concerned that with the current economic climate the rates may go up to 11, 12, or 13 percent (or more...) which would cut heavily into cashflow and severely diminish our returns.

Our level of understanding and willingness to work with tenants is greatly diminished when the tenant does not show us the basic level of respect and consideration of proactively keeping us in the loop as to their situation.

If you dont own a primary yet, your options for investment loans diminish instantly, a lot of lenders want to see at least a primary housing history established.