Crashing and burning on my first deal would be a real buzzkill.

A market crash/readjustment will drive out the timid.

Speculating works from time to time and people have gotten lucky, but ask many of the people who speculated before the last crash how that worked out for them!

But whatever, it was a good crash course on turning an apartment (spent several weekends hauling out trash, painting, installing LVP flooring, lots of YouTube university).

Of course, the market can crash so that's why you really need to be able to keep it in the market long-term.Two, when you refinance, you're kind of protecting yourself from lawsuits and foreclosures.

I think I may have solved the mystery of how your plaster ceiling came crashing down

If you’re paying 3-5% (probably not tax deductible) interest to hope for a crash (which I don’t think will occur) and much higher interest rates in the future (otherwise pulling the money out to pay interest today is wasted if you could get the loan in the future.)The “experts” are expecting property prices to increase 6-12% next year.

My market is in West Virginia and pretty small so we stay insulated with national problems like the crash in 2008 and covid.

I think every electronic gate still needs a good padlock of some type.The next problem with electronic gates is they require a massive amount of maintenance since there are many delicate sensors, moving parts and bad drivers often destroy the gates and don't report that they crashed into it before it completely opened or closed.I think in your case you should see how business goes without the gate and if you keep all your units rented then you don't need an electronic gate.

So you have to ask yourself if the markets crash or the government can’t pay its bills what’s the most likely thing the FED and government will do?