You could end up paying holding costs like loan interest, property taxes, and maintenance for longer than expected, which can eat into your profits.Then there's the issue of selling for less than you expected.

If you plan on selling it, I wouldn't take out a mortgage if you could do it with cash as financing will eat into your profits. 

I've saved my clients thousands and huge mistakes that the builder would have made them eat. 

The tenant's mention of a lawsuit is typically an empty threat.As someone that's dealt with plenty of mold and mold claims, this one looks like a fat nothing burger.

Very rarely, those cases happen due to some fat tails event-- recession, war, pandemic, etc.

Over time, gain knowledge and experience so that one day 3 or 4 deals down the road, one is ready to handle the huge responsibility of taking care of other people’s cash.One should also take stock of where they are at - what strength and capabilities they have, what income, what amount of capital, who their social and professional sphere is, etc etc and then come up with a real aka tic plan as to how to proceed.This all can be done but it takes a cold hard assessment of reality and then consistent effort over time to make it happen.Now that @Amir owns some rental property, he can tell his friends, family and associates about it and as they see him do well, NOW he will have more success asking for capital to do bigger deals.There’s an expression How does one eat an elephant?

Audit expenses and cut the fat.

If your properties under management are generating steady income for you close to or even exceeding your initial expectation, yet you scan the work orders and find more fat that can be trimmed which would yield even more profit.

The price assumes that you can eat all you want, but there're still some expectations of being reasonable and not abusing it.

The primary question is, since inflation is eating away your money, how do you put it to use and hedge?