The safe route is to save up the money first, but investing does carry risk and everyone has a different level of risk tolerance.

I think to do these you need to add debt into the equation and hopefully still have your 15% NET NET NET after all costs in including debt.. so maybe investor puts up 100k and now makes 30k that is tolerable given the risk..

It will give you an understanding of your relationship with money, you risk tolerance, the types of investments you would enjoy.The problem with buying all cash is that mostly  of us mortals would run out of it after some time, so we need to use debt to continue to scale.

It all depends on your strategy goals and risk tolerance. 

Will depend on several factors like the type of property, type of tenants, your risk tolerance, other assets you own, your estate planning, laws where the property is located, etc.

There is sense that Balboa will not tolerate late/partial payments and I blame Balboa for everything! 

I'm just thinking years down the road when I have a little more risk tolerance it could be a good way to take advantage of other markets.

Financial risk is inherent in any investment, and determining your risk tolerance is crucial.

Its a risk I'm willing to tolerate again because my wraps are generating a nice cashflow with no money into the deal. 

The best decision depends on individual financial situations, risk tolerance, and investment goals, and consulting a financial advisor or real estate professional can help tailor a strategy.Good luck!