The good news is, even if you go over, it appears there's a healthy profit margin that can be reduced and still not be underwater.

to me have enough cash to do these things without having to tap into equity.. snow ball your mortgages after keeping healthy reserves its not like making a few hundred bucks a month is going to change your living standards so dont take a dime out of the properties focus on one and pay it off..

I was getting DR fever thinking I would have to pay my mortgages off etc.. but you all have encouraged me to grow doors with a healthy debt and inspired me with your stories!

I finally made the decision to embrace the healthy fear of starting my investment journey, currently have my first deal under contract, and decided to make my first BP post as well to introduce myself!

Hi Cayson,We have healthy amount of inventory here in Lubbock, I wouldn't say that there's a housing shortgage at all, in fact we have 3 1/2 months worth of inventory on the market at the moment. 

If I needed this property to turn a healthy profit I'd be dying right now!

@Alan F.What a healthy and balanced perspective on W2 versus entrepreneurship.

My opinion is that the higher end stays will remain healthy because those guests have more disposable income while the lower budget stays will take more of a hit.

Of course, securing the initial and ongoing capital to invest in the market is a bit tricky (it usually requires being frugal and making an already healthy income), and you are exposed to the risk that the company you are invested in is the next Enron and could go to $0 tomorrow.  

On the other hand, my most recent apartment purchase was from a large, well-established REIT that appears healthy, and I have not been very impressed by how they ran their business.