This level of confidence is derived from conviction and discipline, and that's how you invest.

But remember this is not straight forward as the basis of the new property is derived from the adjusted basis of the relinquished property plus any amount you paid.

They’re just more pronounced now because we are printing soo much money and use debt tools with derivatives, etc in my opinion

For RE agents/brokers  ( of which I have been one since 1975) and derived my living from making commissions all those years.

In short - here are the reasons I pivoted to Real Estate Investing:All the benefits of Real Estate + growing STR optionsInflation raging at 10%/moCurrency wars and what or who will win them (Prec Metl or CDBC, etc.)Equities markets receive derivative pressures from credit markets and pressures on US dollarRealistic 10+ year opportunity in using Creative Financing, given monetary policies.Global disruption and impact analysis of COVID to businesses (small/large) and individualsWhat I was (originally) looking to get out of the program:Better understanding of Real Estate and it’s MarketLocally like-minded ppl that are more about collaboration than cannibalization (not reflective of BP in any way – this community is great too)Improvement in comfort level working in REI and learning “on the job”A community where I could find deals, connect with ppl for help and ask questions, etc.Business and Corporate Structure recommendations to accommodate short-term & long-term investment strategiesAnonymity strategiesAccess to vetted contracts for traditional, creative and gator (EMD) Real Estate dealsMy experience and feedback based on my expectations:Great original 6 week mentorship program.

Generally, all passive income in an IRA would be sheltered from taxes, however if you are using leverage then portion of the income derived from the financed portion of the property would be subject to Unrelated Business Income Tax (or UBIT).

Also, improves your position in pricing should rent prices turn bearish unexpectedly during your vacancy time so you can be flexible in pricing in negative economic environments.Con's are more on the side of the whole concept of using the long term locked-in period with the bank essentially utilize inflation to 'short the dollar', as well as the more rapid diminishment of the mortgage interest paid tax advantage.All in all it is safer in a lot of respects to get to that property free and clear, but the major downside is missing out on the additional value that is derived from the power and monetary benefits that come from having a healthy expose to mortgage and other forms of financial leverage.

@Wayne Chou, as Greg notes, it would be helpful to see more of your calculations and how you derived them.As for what is reasonable, this can only be determined by you.  

I was able to withhold less from my W-2 income in anticipation of these savings, providing me cash flow in my pocket each time I got my paycheck.It could be beneficial to engage an accountant to help you assess the cash flow and determine if you are maximizing potential cashflow derived from taxes!

Long-term rentals typically derive at least 80% of their gross rental income from residential dwelling units.