But, many got greedy, lazy, and expecting it to stand in perpetuity where one could throw up a city MLS map on the wall and randomly throw dart's after drink 7 and just buy those, and make $.   

Or maybe I am just stereotyping.

Will allow him to defer capital gains tax in perpetuity.

Do the high rates have any affect on brrrr since you are perpetually financed?

Are there any mindset shifts or practical tips that can help me feel less like I'm perpetually 'on duty'?

Do you mean progressively pay off the heloc so it stays perpetually open for use?

And given their hold timeline being perpetual, the 2-ish years of no cash flow does not really matter.

It's SUPPOSED to be the Real Estate equivalent of: perpetual motion! 

Unfortunately that's the false stereotype of all section 8 clients.

Expect triple taxes in the future (which is my concern with making money in traditional IRA versus Roth) and expect perpetual low interest rates and thus perpetual asset bubble crashes.I have seen the trend and that's why I only to be investing in real estate as a hedge fund manager.