Yes, it can feel like "wasted" money on months where rent is auto-paid and there is no maintenance to be done, but when you get a bad tenant or two or when deferred maintenance finally catches up to you, they certainly earn their keep.At your scale, you might be able to get a bulk discount with a good PM, especially if you can show how well your current systems are working and how they'd be needed less than usual.

Thanks for catching that, @Michael Baum!

I currently have 1 and I am looking for another but I feel like this plan can't catch up with how fast LA is appreciating.My question is in the title.

And don't look at downpayment assistance programs because they all have a catch.

Do you think rents will catch back up with expenses?

Issue is that it doesn’t look like rent is gonna catch up with my mortgage unless I’m able to refinance at a ridiculously low rate before I PCS next year.

I didn't catch that originally! 

I think a lot of carriers are playing catch-up right now.

newbies will not catch the reference to Ken.  

. 🙄 That is another good way to do it.My deposit is usually 1.5x the rent so it would take a lot of rent increases to catch up to 1.5x of current rent.1st, last and normal deposit is also a great way to do it!