Remember, the notion of amassing wealth without investing is a dangerous myth perpetuated by self-proclaimed experts.

The red flags of managing from a distance and hiring a property manager are legitimate concerns that make it more challenging.

Florida and Gulf Coast insurance should be a concern. 

I've consulted a few times over the years with planners and with the way I buy properties, my liquidity requirements, and my concerns about about how government overspending affects the future, makes me a poor candidate for IRAs and 401(k)s with the stifling regulations.   

These are just some of my thoughts and concerns.

@Chris Seveney I'm concerned about having $$$ for repairs when needed.

If you ever want to have a discussion to explore your options or ask any questions about the concerns you mentioned, I would be happy to help! 

What specific concerns or opportunities are you seeing in your market?

It seems like the LO's have no experience working with investors and are not very concerned with trying to make the numbers work.

Finally, my big concern was always defaults and income loss...if I have more than 6 defaults (which I am sure I will), or more importantly, I lose my income...I do not want to be stuck with a high-interest LOC (hence why I started with $5,500 and not 10k).