Everyone’s risk tolerance is different.

Your goals, your risk tolerance, etc.

If they get ride of the dogs before day 3, they owe what I can reasonably show the number of days the dogs were there and the cost of removing the pet dander.https://pettable.com/blog/california-esa-law-ab468I have few issues with my tenants because I do not tolerate lease violations, BS, etc.  

Understanding the nuances involved in each investment decision deeply and weighing these factors according to your investment goals and risk tolerance is essential.

The metric I would suggest you focus on is debt to equity ratio, and depending on your risk tolerance when interest rates go down, taking out more equity accordingly.

Yes, crime exists in the area but I won't tolerate it on property.Managing in the "C" area in the Phoenix, AZ market does take more hands-on and some additional time.

This will show you various strategies and the risk tolerance associated with each of them.

Years of tenant screening has earned me a house full of non-whining, flexible and tolerant low-maintenance tenants that respect my properties and auto-pay their rent.  

Some folks do well and others lose their shirt and go bankrupt.It is definitely a risk and you are creating a job for yourself, but judging by your wording, you kinda want a business instead of investing.It is scalable based on your area and how much risk you can tolerate.

This is a tough one because your situation, income, risk tolerance all come into play when recommending other tax strategies.