So you have to weight risk to reward.. and sometimes we have to eat one that we bought it happens..

Key Check gave me credit and debt load, which was surprising, as most other methods people don't share.

@Eric Andersen definitely put weight into what @Michael Baum wrote and do your own research on the city regulation/zoning.

@MIchael McCUe   I get it, it feels like an incredible weight that you could easily lift with bankruptcy.

Make sure you account for all of your interest load if youre using a Heloc for permanent financing as you suggest.

Your book is excellent and loaded with practical advice!!

One rental(two units) just finishing renovations and spent 15-20k of my own money so saving will be easier soon instead of loading my credit card then paying it all off every month.

It does however give you a degree of independence to choose what you want to do.As your portfolio grows you'll also feel the weight of future capex responsibility more, which ironically points you to growing more cash flow through more real estate.The other issue is that you are chasing a moving goalpost.

Especially those big deals with loads of equity and loans, they can take forever to close.

With rates coming down should help some sellers off load over priced properties and will help buyers get aggressive with good class A and B locations.