As long as you have the self discipline to not raid that reserve for fun and pleasure, go for it.

You just have to do a LOT of homework and play by the rules.

This plays into the affordability issues for tenants by allowing them to live in nicer neighborhoods for less money, yet I get monthly revenue comparable to short-term rentals.I have also shifted my focus to buying better.

You will not have the rate long enough for it to interfere with your current and proposed profits.This is where having a good team comes into play for example having a seasoned realtor who knows the market on the purchase/ARV side.

It’s stable cashflow and long term appreciation and tons of accelerated bonus depreciation on taxes. like most anything in real estate it’s a long term play. 

I'm playing around with a google doc to try to make it a public/or invite that we can post to.

No fun Henry :)    Actually eviction is illegal in Seattle during the winter months.

Keep track of those costs this year, they come into play in 2025 when it's in service.

This will be a 10 year play.  

The specific assistance organization, the screening of the tenant, the property, and the PM company that should be communicating with the tenant all play a role in the success of your investment in regards to tenants.