Don't use your emergency fund. 

You've earned $132,000 more by splitting your money and leveraging it.

One who is active still and recently did a case study write up like this is Don Konipol, the other pops on every now and again and did a BP episode many years ago Aaron Mazzrillo so search those two names and read some threads.A more likely scenario is not what you mentioned as the ever growing note/value deal, at least not as outlined.

That said - I think a simple muitual fund would give me better returns on the same money ($900k) at 8-12% (i.e., $72k - $108k). 

This means building a budget that includes setting aside funds for your next investment.

I wonder if the fed will look at equalizing market rate and sec 8 rents to mirror each other.

He is older and does not have a mortgage and there is a lot of deferred maintenance on the property.

To get things "shaking and my blood pumping again" lol as money is tight.

They are wild, and exciting. 

Thanks to everything I’ve learned from the podcasts, books, and this community, my wife and I currently own:A triplex in MaineA single-family rental in San AntonioA single-family primary residence in Las Cruces, NM, which will become a rental when we move in a few monthsFor context, I’m an active-duty Army officer with about 12 years left until retirement, and my wife works for a university in Boston.