Good lesson on what not to do in rising interest rate environment.Thanks @Kevin Hoover for the detailed response. 

You'll find most though, give good advice.You can learn something from everyone here, even if it's just a lesson about what NOT to do:)

We'd love to meet up to talk investing and what not. :)

But never give up at EMD, or make sure you have a buckets specifically labeled for Capital-EMD or whatnot. 

Ive also noticed a big trend in private lenders originating 2nds and gap funding and whatnot.

If you just look on Zillow, pick a random property, buy it, and turn it over to people you don't know to manage it, it's extremely likely that you will: have it cost a lot more than you thought, get overcharged for things, lose money, and have a big chunk of your savings just stuck in the property not really doing anything for you.Not to discourage you, or to say that you would do what these folks did, but here is what NOT to do OOS:https://www.biggerpockets.com/forums/48/topics/1137397-balti...https://www.biggerpockets.com/forums/963/topics/1195280-expe...https://www.biggerpockets.com/forums/48/topics/1160450-run-i...https://www.biggerpockets.com/forums/67/topics/1167190-strug...I hope this helps - happy to dialogue further. 

I usually have to request at least one or two omitted documents for carryover data such as depreciation schedules and what not.

I do feel like you're trying to sell me something with all the refreshes and updates and modern whatnot.

Lots of RE are watching this market and seeing what not to do.2)  Median income is an excellent metric to use.

I manage the vacancies, leasing, contractor and inspection appointments, but honestly the Turbotenant software I use is really user friendly and handles rent collection and what not.