Asset management, though closely related to real estate, is typically considered more strategic and financial in nature rather than direct involvement in day-to-day property operations.

When you go to refinance, no lender is going to offer much better than 65-75% LTV, which means under the best scenario you'll be $27,500 short in repaying your lenders.Are you financially prepared to make up the difference?

Tracking your net worth as a real estate investor can help you make informed financial decisions.

----------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?

The real play here might just be to take a step back and evaluate if this deal is going to actually set you up, or ruin you financially. 

He had a strong portfolio with solid cash flow, but the big banks just couldn't see past their standard debt to income calculations.What finally worked for him was connecting with a local community bank that actually took the time to understand his overall financial health.

Overall, weigh your risk tolerance and financial goals before deciding. 

Very odd that folks are still financially strong enough to hold on.   

That shows financial irresponsibility.

Then right out of college I started a business and never thought about investing for retirement again nor did my financial advisor suggest it.