I like the power of leverage and I will borrow cheap money whenever I have the chance.I do think that some people are sugar coating the PITA factor that can come with using bank financing on rental properties though.

Time not only in everything takes longer than planned, but your own time in blood, sweat, and many times tears. 

Guarantors only work if they are related by blood-like a parent or sister, etc.

@Shari Posey I use the green blocks, I was told it uses a vitamin K ( blood thickener) as it's poison.

My lease states the tenant is responsible for "ordinary" pest control which would include a fly, sugar ants, spiders, the occasional snake or mouse, and even a squirrel that manages to get into the attic space.

Here's a sample product: https://www.amazon.com/Spectra...If they have any leftover, they can hold onto it as a home-defense remedy.I recommend changing your lease to make tenants responsible for ordinary pest control, meaning anything that an ordinary person is capable of doing: swatting a fly, spraying wasps, bait traps for sugar ants, etc.

If prices are too high now, you could either hoard the cash and wait for blood in the streets during the next downturn, or dump that cash into your highest-cost (ie, interest rate) mortgage, and then pull a HELOC on that so you can deploy the cash when it IS affordable again.

I have had quite a few more high blood pressure moments with them since I wrote my previous posts.

It's thanks to VETRANS, and especially those veteran's who paid YOUR price of freedom with their blood, limbs and lives, that you get to enjoy these liberties.

The quick filling of vacancies is the life blood for any sucessful buy and hold investor.