The bigger it grows the larger the potential for someone to cry foul, and the hammer comes down.

I remember listening to on of the bigger pockets podcasts and it was the first time I heard rent by the room strategy work really well.

Quote from @Levi Perl: Hi,Curious if anyone has what to say in terms of how to calculate which one is more worth it: to cash out refi on a Long term rental now at 70% LTV, and walk away with X amount of positive cash AFTER paying all debt, (X is a positive number and significant amount for me), which will allow me to potential get another long term rental and grow portfolio faster, or wait 4 months and cash out 80% LTV, giving me DOUBLE than X. 

Also remember 3.5% is your down payment, but you will also have closing costs and prepaids which might add to that number.#5. 

REI - It's an exciting adventure filled with opportunities to learn and grow.

I think the days of growing a portfolio through a company like that are done as well. 

Also remember, you aren’t creating deductions.

@Max Dauer just remember that even tho you may only spend a few hours a week actually working on them or dealing with guests, you are always on call.

The macroeconomics here is booming - the tech sector growth keeps the population and job market growing and rental demand strong.

The economy is rapidly growing so we see both cash flow and appreciation potential here.