It's not my end goal but it's definitely a feather in my hat.

ALL my deals, flips and purchases ( abut 500 of them ) have all been cash. 15- 20% net caps gets me out of bed :) just picked up a 7 unit, all in 200k, with about 49k gross net about 35k If your total expenses (taxes, insurance, maintenance, cap ex, etc) on 7 units is $14k ($167/month per unit), hats off to you. 

(I don't know your area/market at all, but I'm not totally pulling these numbers 100% out of my hat, I did look at realtor.com for Sacramento ... but only for about half a second)You make your mortgage payment of $700 or so, plus you have to pay for insurance, repairs, etc.

Spending $500 at the drop of a hat is something you MUST be prepared for if you own rentals.

If the answers to these questions are Yes, then I invest.At that point, hold onto your hat because life will unfold and the best any of us can do is to respond and adapt at what life throws us.

Plus if I’m wearing my tax hat it will be a deduction as legal and professional fees for what it’s worth.

Better sell those stocks , dump all those houses, and put on the tin foil hat ..go hide in your fall out shelter in the backyard with a 100 pound sack of rice and 400 cans of beans

I can already see the new billboard comingA guy with a ten gallon hat and an iron skillet saying"You're cooking with gas.... in Texas"

Do what you do best : find the deals and renovate them: unless you are also renovating yourself bc you don't want to pay a professional (I'm only saying this to people that know nothing about rehabbing like me) : higher a good professional: you can negotiate down to 5% or 4.5% (anything below hat and you will be hurting yourself and your profits). 

Area is Medicine Hat AB.