You have a great shot at compounding rewards, and even if you buy at a bad time, the next purchase, and the one after that, will take advantage of lower prices in a system that can't help but make you rich over time. 

I suspect a pad for a vehicle can be provided at fairly low cost (it could use gravel instead of hardscape).To compound the parking issues, the city has been taking away parking spots for dedicated bike lanes.  

Eventually, your property snowball will start building momentum and your efforts will start compounding. 

Keep it compounding." 

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Do you not understand compounding?  

Reinvesting your profits quickly can lead to a compounding effect on your returns, compared to the slower growth from reinvesting your own cash after each project.Opportunity Cost: By using your own cash, you might miss out on other investment opportunities or market trends.

Save you have a 60% loan on a property - you can *also* write off all of that interest and 60% of the depreciation when calculating if you have any takes due that year, which *might* happen when using leverage. 3C) You also need to keep in mind that at some point unless you hold until you die you have to 'pay back' all of that depreciation that you benefited from, and you also are getting a tax benefit by having your money compound tax deferred in a Traditional Account or even *tax free* in a ROTH!

You are in control you put the rent money in and that money generates  9% compound interest.

Multiply those probabilities by one another, and you have a huge undercurrent of risk ballooning and compounding with each passing month.