If there isn't parking I don't even look at the house. 

.🔹 Insurance Challenges – Even when insurance pays, it rarely covers the actual cost to completely rebuild.

@Raul VelazquezI would suffix what others wrote by saying that you need to understand that real estate really is a longer term wealth strategy - even though that is what you say you don't want due to your age / starting point.  

Even with that, let’s say 12% after taxes is 8% net.

@Kasey Hardt very interesting,  didn't realize this was a pattern but even I've got friends that are getting recruited to the area for medical device startups etc, so could be a very interesting trend to watch.

I appreciate that, and you're right, any back-of-the-envelope calculation suggests that much of the wealth comes from the equity accumulation, even in the earlier stages of the amortization schedule.

Dealing with warranty service is a pain in any situation but when you also have to deal with a tenant on top its even worse.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.

Or, there is the even easier MLO direction.

I just can't accept such a constant ever increasing loss, even if I can afford it.