Can you at least create a powder room off the mud room?

this deal came to us and this speaks to keeping your powder dry the guy that owned it was successful Oregon business man he owned it free and clear like you see so much of Oregon ag and timber land.. 

You could wholesale any properties that you  come across that don't fit your criteria but may work for other investors - a couple of those, and you'll have more dry powder for 20% down on a 4th rental, etc...

Just invest wisely-- remember that leverage is a two-edged sword (can cut both ways), maintain cash flow, keep adequate reserves, and keep some powder dry to pounce on a great opportunity, you should weather any storm.Words of wisdom:  "no one knows the top or bottom of any market until it has passed."

Another factor may be you have more dry powder than deal-flow.

Like a lot of the talking heads on radio, now is a time to stockpile dry powder. 

I'm mostly in Tahoe, but make it down your way somewhat regularly.He is responding from the top of KT 22 with a big smile on his face as Sean goes to rip some fresh powder  LOL 

Lastly, keep anywhere from 10-50% for dry powder.

In order to de-risk your portfolio, monthly cashflow is tantamount to having dry powder in order to take advantage of opportunities that may arise during a recessionary time.

I keep my powder ready to go at all times; but the property has to tick all the boxes.