Yes, we can grow wealth faster through leverage, but it also comes with risk.

These types of places typically don't use alot of technology or have great systems, making it easy from a management perspective to turn things around. 

Definitely leveraged.

You don't want to be so focused on getting into the game that you leverage the start of your entire life just to do it.

Being able to enter a property with only 5% down means you can leverage your money way more effectively as well.

So I used that equity and leveraged up.

Those losses can be substantial, by the way within an HVAC system-Again I doubt these technologies would hold up under scrutiny within a court of law because all it takes is one person with even a basic grasp of principles of engineering and you’d find an easy 10+% delta in these systems’ measuring abilities.

@Joe BellevilleTo build a successful multifamily property portfolio in Grand Rapids, set criteria for property type, location, and budget, build a team, analyze deals using the 1% rule, leverage house hacking, leverage local knowledge, prepare for tenant management, network, and focus on long-term goals.

You are way too over leveraged."

I leverage my AirBNBs to pickup a few contracts yearly.