If it's not healthy, then it's probably not a good rental in the first place and you should probably sell it and get something that's a better rental (if you can't improve the numbers). 

Unless it’s a COA that is 2 stories or less and is very financially healthy.

Before purchasing these rentals, did you make sure you had a healthy amount of reserves for repairs needed as well?

Add the other positive trends mentioned above and the real estate market is pretty healthy there thank you very much.Hope this helps!

As long as the bank sector is healthy, no credit event in 2024 and there's no collapse like 2008 for residential, that's what matters.So we see market crash in some sectors but for most people we are just fine...The fact that RRP has reduced a lot is also indication that bank sector is more liquid these days.......

I'm glad to hear your health is better.I was a mortgage broker for 12 years before getting licensed as a real estate broker 12 years ago. 

The DSCR products for investors are pricing below 7% on a 30 year fixed with healthy credit and reserves. 

We have a healthy rental market but if you are closer to the beaches even better. 

Based on your calculation, you retire in 10 years at the age of 49 which is much better than the average person.You will likely have a bunch of paid off houses and a healthy 401k balance.Seems like a sweet analysis.I am happy for you.

Rentals create cash flow, and that's what we want as real estate investors, but you need cash on hand for unforeseen circumstances.The AC needs to be replaced, that's $7K to $10K or more depending on the size of the house and if you have one rental, it will eat all your cash flow, same to replace a roof, etc, or if tenant trash the home, you need money to fix it again.To me personally a nice rental portfolio that is healthy consists about 10 units, so if you have an issue with a house the portfolio can cover the repairs and still healthy, but when starting you need to have cash on hand just in caseYes, there are multiple strategies you can use to hack your way to buy your first rental with minimum cash, but I would start wholesaling or fix and flip a few deals to create that cash as fast as possible