I think it is best (especially with the current extremely low interest rates) to try to leverage, but have a nice cash reserve for maintenance, capital expenditures and unforeseen costs (since you are not paying cash you should have more available to you as a cash reserve).It is no fun to have to leverage to the point that if 1 tenant misses a rent payment you can't make your mortgage obligations.So my advice in a nutshell:  mortgage + healthy cash reserve.

They will overbuild the Class A, and may have already, but there is still a very healthy demand for everything below that and no inventory being added there.

Good thoughts can make you healthy, wealthy, and wise.

Why not leverage up to 10 properties and leave the 401K alone for now as a healthy reserve and then decide whether or not to go whole hog?

Meanwhile, have a Merry Christmas and a healthy prosperouts New Year.

With a healthy Bynum, the Lakers will win it all.

Using this strategy will save you time, money, and better your emotional and physical health-I assure you.

Even if you go to your REIA and find someone to help you , you still are going to pay a healthy price in the split your paying to do the deal.

He’s great guy we love to death, but initially found he’s awful at paying us in a timely manner.Rather than chase him each month for checks (I’m convinced he used it as an excuse to buy lunch for my wife), we just write our loans with him to pay everything, points and payments, at the end of the loan when his deal sells.We charge interest on the total unpaid balance each month (i.e. interest on the monthly interest and points) which very slightly increases our ROI but is in no way punitive and maintains our very healthy relationship.This obviously won’t work with a long term loan but almost everyone we do business with now prefers this arrangement.

The next tenant would clog the toilet and then demand that I be on the hook to repair the plumbing because of my failure to provide housing within close proximity to healthy food.Have you ever had something similar happen with your manager(s)?