My point is, because some people got burned 10 years ago in the fiscal crisis doesn't mean one needs to be extremely conservative with leverage.

there are of course more creative strategies to reduce that up front outlay, or recoup your capital, like, say, the BRRRR method. but they are time and energy intensive and certainly not hands-off. 

All of this at $0 cost, just some time, energy and effort. 

I don't see big 5%+ rent increases happening until 2027 as it will take a while to burn off all of the supply.

None of this is worth an ounce of energy or thought.

Florida is a state that does not fool around when it comes to foreclosures as if you do not have your i's dotted and T's crossed you can get burned bad.

You should never allow a wood burning fire place in a rental property to be used by tenants.

If you have turnover after turnover, you will crash and burn eventually.

For me they've been a great source of ideas, resources, energy, and comradery.

And just the other day, I was grabbing coffee with a friend who reps a group of invsetors out in San Antonio.. they got burned early on by not clarifying their rental criteria, picking up a triplex that sounded good on paper but turned out to have a revolving door of problematic tenants.A baseline business plan isn’t just a mind-numbing exercise.. it’s the guardrail that keeps your momentum from swerving off into the ditch.