I have a formal credit background from 2 of the largest banks in the world and I regularly speak at national conventions on rental lending and the foreclosure crisis.

The problem is you aren't building reserves so if you have a crisis it could sink you. 

Looking back at 2007 from a Real Estate standpoint, it was when things started to plummet right before the financial crisis of 2008. 

Do you really want to be running out of cash and find, due to factors beyond your control, there is some sort of financial crisis and you can't get a loan? 

I'm 30 - so most of my investing life (past 5-10 years) has been an upswing, I haven't really experienced a downswing other than the 2008 housing crisis (wasn't into investing then) and really covid (which was more of a quick blip than a recession).

This doesn't seem like an immediate crisis so think "long term" I bet things get better for you.

It is one of the primary solutions to the affordable housing crisis the nation (and presumably your area) is experiencing...

This regulation has been in effect after the 2008 crisis, which hit the country (specially Dubai) very hard.Financing Options:After shopping around for financing, I was able to find two options:1.

To venture out-of-state at this early stage of your business adds complexity and chaos that you simply don't need when the focus should be on building your reputation, credibility, and knowledge/skill set.The Tampa Bay market and Florida in general is in a housing crisis and inventory is at historical lows - and has been for a decade.

A lot of the population loss was over the water crisis, which has been largely updated.