The reason being is that you can't help anyone if you go out of business, a possible outcome of far below market rent or altering your proven tenant selection criteria.There are many major problems across the board in society: homelessness, drugs, mental illness, poverty, veterans issues etc that all need major policy work, so perhaps get involved or give to non-profits or lobby for government action. 

I've had the gamut of experiences from good to bad to life alter bad.  

This is a Fannie Mae thing, not something most banks (unless not selling the note to Fannie) cannot alter from.

There are plenty of people at retirement age who do not have $500,000 liquid (or illiquid) on their personal balance sheet.But that 28 number has a downside ... you have a long way to go in your life and lots of things can happen in your personal life and in your real estate business that will alter your business and goals.First, to earn $10,000 per month ($120,000 per year) on $500 K is a 24% return ..... possible BUT you probably can't count on that much return EVERY year in any investment (OK ... somebody will dispute that assertion).I suggest that your (soft) goal for the next several years would be to double your capital to $1 million by doing what has worked for you.  

It alters my stratagy, as well.

@Meghan McCallum - Wow, I am really impressed with your ability to translate what you absorbed in less than a month via education through BP's podcasts, blogs and networking.Yes, you have taken action and it paid off tremendously.

High quality assets with minor alterations but the marginal items in historical pricing is where you will see an impact in value.The disparity between A and B class properties will increase.Enormous amounts of liquidity and financing at attractive rates = lots of competition which is destructive.Sam Zell Comments at Invest for Kids Chicago Conference 

Under the current law, tenants who miss rent payments must pay the amount due or vacate the property within three days of being served a notice.SB 5600 requires uniform eviction notices written in plain language available to landlords for use that includes information on civil legal aid resources available to tenants and where to find translated copies of the notices.

Any one in the military could easily relate.Having professional construction management knowledge and experience easily translates to taking on flips or owning rental properties.

Nothing was going to be altered or changed from the house just replaced as you would a window or door, so my contractor did not draw any plans.