Once you do that, the obstacles are only in your peripheral vision my friend. 

And the only job losses that result from raising the minimum wage are youth jobs and that's because adults will take them if they pay well enough to make them worthwhile.

Screen tenants, Implement thorough tenant screening processes to minimize your risk of vacancy and potential rental income loss.4.

Get ready to spend some serious time shopping insurance and make sure to get rental income replacement coverage in case of a loss.  

As I expand my portfolio, my focus will be on diversifying investments, optimizing property management, and leveraging refinancing options to maximize returns.My long-term vision includes stabilizing my portfolio, achieving financial independence through passive income, and strategically planning for growth and exit strategies.

The loss given default on 2nd's can be much, much higher than that of 1st's.

However, we’re concerned about its current condition and whether we can sell it for a reasonable price.I’m looking for advice from experienced investors on the best course of action to minimize our losses.

I would also be added to the hazard insurance as an additional loss payee/mortgagee and have a lenders title policy for every transaction as a way of further protecting yourself.

This is different from homeowner’s insurance and will cover things like property damage, liability, and loss of rental income.

Rates are now higher which will kill their cashflow and encourage them to cut their losses and sell.