Specific is how I classify loans toed to a specific property, and generic is how I classify our family loan that is not tied to any specific property, so I have to allocate it myself.

I'm a beginner as well, but have been reading this site enough to see the recommended (over and over) approach is to leverage your presumably un-tied-down youth to move every 2 years, each time using 3.5% down payments to buy multifamily buildings / house hacks. 

This saves me a lot of communication time as I only need to respond to inquiries with cut and paste responses with the open house day/time and I only need to show the rental twice a week. 7.

., you, your spouse, family members, or certain business entities tied to you).

Also, if you keep your money tied up in the form of equity with a low rate of return, you can be considered to be losing money if there was a higher interest rate opportunity you weren’t taking.

This also cuts down on the crazies. 

There are regulationsI could go on, but if you learn this much, and apply it appropriately, you will cut down your sorrows and risk considerably.And yes, there is much more.

If I sense the buyer is cut from this fabric, I will negotiate extra hard against repairs to the extent they simply walk.

Push forward with your eviction and cut your losses. 

This will cut down significantly on the issues you may have down the road with communication, paying rent on time, caring for property, etc.