Quote from @John Friendas Quote from @Patrick Roberts: If you are on the note or personally guarantee the debt, then it will affect the liability side of DTI, regardless of whether the lender reports the loan on your personal credit.

Any insights or personal experiences would be greatly appreciated!

I know I won’t actually be getting that right away because it should be going to savings for emergency funds for the property.

Quote from @Daniel Windingstad: Quote from @Obed Calixte: Some people have the personality, processes and systems & time to self manage, some do not.

Spreadsheet sounds like my own personal hell.

It kind of depends on the type of properties you're looking for funding on.

Another benefit is it is much easier to diversify into multiple markets, asset classes and operators.Just wanted to share an alternative - often active investing is the way to go, but it really depends on the person and it is important to know that there are passive ways to accomplish your financial goals.Good luck!

Large deposits are nice, but very difficult to actually get access to escrow funds in the event of default.

Highly suggest coming out to some of the local chicago IN-PERSON meetups! 

Then if/when another good deal comes up, you can approach a lender and look at leveraging either of the properties in order to fund the down payment of the new property.