Ks Yoak picked 2 terrible tenants on one of my properties that ended up costing me over 15k in repairs over the past 2 years: they didn’t care: they said they would help me with the repairs, but they won’t send you a break down of the repairs: they send you a paragraph with a total cost for repairs at the bottom.

This is per unit, obviously multifamily would be more blended(you don't have 8 roofs for example). 

I disagree with staying away from saturated markets. people are making 65-100k obviously having success.

Total rent between the three is $3200/month.I have an adjustable 20 year mortgage with a balance of $100,000~ at 4.95% that is set to adjust in 2026.I also have a HELOC on that property at $180K~ with a 9.75% rate. 

So the reason I want to pay down the mortgage to be able to obtain a HELOC is to obviously invest.

I totally understand you are hesitant to touch the 3.4%, but keep in mind you can always cash-out now, expand your portfolio, and refi down later.

You lose $30-$50k in total expenses and lost rent....

But obviously when your in the hardcore hood you can't really predict returns all that consistently.

It's probably obvious to everyone but since it hasn't been said yet on this thread I feel compelled to say this as a reminder: getting into a physical altercation of any kind is a fool's errand.

What would life look like for you Josh if you did just 10 of these properties, in grand total, and stopped there.