But it feels like if you keep cashing out equity on your properties to buy another, you end up with multiple properties but with your equity stretched really thin, like a house of cards ready to collapse. 

I actually asked in writing multiple times to verify it was a triplex as that is what I was wanting to buy.

We're stuck, cost us too much to cancel at this point but know that we will NOT renew anything and have multiple reminders so we get the cancellation notice in on time.

That sounds like massive renos (ie new floors, painting...).Yes as you acquire more properties, the chances of having multiple vacancies (no matter how leases are staggered) increases.

I’ve remodeled multiple houses at same time and there is no way on this green earth I would go to the store each time for each room.

.- multiple indoor common areas (think 2 separate tv setups). - exterior "usable square footage" (think covered patio, pergolas).- extra storage space so tenants don't feel the need to squeeze their entire lives into one room (extra garage space, attic, detached shed)- room for 2 full refrigerators!

There are a lot of areas that multiple property managers won't touch.  

We don't have that policy and I don't ever tell an applicant they can't apply I just make sure that there are multiple correspondences documenting our screening criteria.

During 2022 I had multiple meetings with one of their CPA advisors and gave them access to QuickBooks and Payroll platforms.

But having multiple banks working the deal I had one pull through for me.