There are a couple of things that come to mind, if a payment is missed the lender cares, if the servicer goes out of business or misses a substitution of trustee, the lender cares, if the borrower goes to the lender to try to get removed from the loan (usually to buy another house) the lender cares, if the property gets caught up in a bankruptcy or divorce, the court cares and that means the lender gets involved.

there is an argument to take the equity and buy a large managed property. 

I would rent or sell that condo and buy a duplex in a class A or B location in KC.

We want to buy an arcade machine for our STR that plays a bunch of different games.

@Jesse StrengIf you buy turn-key, make sure you get your own independent inspection.

Hello All,I am looking to buy Rental property SFH (new build homes) , in range of 550k-660k 2200-2660 sft.I scotted Roseville, RanchoCordova and Elkgrove.Rancho-> Has many new builts and cheaper compared to other areas, at same time many rentals available . 

Quote from @Sumi Devi: One of my clients is buying commercial real estate property with tenants that have 5 year lease.

I have home owners insurance should i buy another landlords policy as well?

I would imagine getting the cash out is about the easiest part, having the check in hand is the exciting part, and buying a house is the nerve-wracking part. i watch videos at work and talk to my clients all the time about real estate.

BiggerPockets also has a calculator to analyze deals, and I highly recommend you start this as soon as possible, even if you are not ready to buy.