These are very risk gambles that should only be attempted with money you don't really care about.  

We are only very moderately leveraged, but I am in no rush to change that and rather use the cash flow to re-invest either into upgrades (we are doing a ton of driveways this year) or more RE.I don't think there is a right or wrong way, like you said there are many different ways, I just find myself adjusting every year a bit more in that direction. most condos historically are not great appreciation plays. its a place to live and enjoy.. unless said condo was bought in Miami in 2008 to 2010 :)No $#@% mate.And Chicago has been a disaster for many years now.I pinged Bri about it a while ago and she said "Good luck" hahaI guess it's more a trophy property than anything else during my "ego" pumping days.A bit older, balder and smarter nowadays I guess.Less is more mate lol

At the end of the day, Panama City Beach and Destin offer more potential for consistent returns, fewer regulatory headaches, and the added perk of a beachside escape you can actually enjoy.

This tenant is violating the lease, and compromising the peaceable enjoyment of their neighbors' homes. 

would love to hear more about this, visited lisboa this past year and really really enjoyed it and the surrounding areas. 

AlabamaAlabama residents enjoy a low cost of living and a thriving economy.

People have failed twice now with the housing bubble and the recent meteoric increase in rates because they were gambling with the rates to save a percentage point.  

2024 v 2025 is a gamble.

I am either enjoying the sunset in a far-off Caribbean Island with all the money I have from RADD or slaving away back where I belong at Fort Bragg (Liberty) NC for the government to ensure our great SOF Warriors have the appropriate knowledge, skills, and abilities to protect our Nation and people like you who enjoy the ability to freely post on blogs, threads, etc. such as Bigger Pockets without any real knowledge of what they post.

I've actually enjoyed living in this high-density neighborhood -- more privacy than an apartment or townhome, more social and walkable than a suburb.