Not quite the Doomsday scenario Elon Musk is afraid of, but certainly a reasonable concern.Additionally, with Berkshire’s surging cash pile nearing $200 billion, it is difficult for Berkshire to find a way to deploy capital effectively in a way that “moves the needle”.

The 200k I would make selling the lots wont get me really far as It could afford me another duplex or triplex, but since I have 9 Freddie Mac mortgages, and my tax returns dont really show the truth of what I make due to depreciation, I cant get loans, so that 200k wont do much in so far as my goals....I am selling two of my single families t o get debt of my sheet and some profits, but that'll take approx 4 months from start close.....But I know the risk here, but I am afraid to walk away and afraid not to :/ its a conundrum...So all I can do is have a consultant who can make sure everything is going as it should and I learn in the process....My goal right now is to learn as much as I can before even breaking ground as to not be reliable on someone when I have alot at risk.

Don't be afraid to jump in, but make sure you have a good support system around you.

Don't be afraid to buy a home that needs some sprucing up. 

I am bit afraid of possibly loopholes that can hurt my business

We have considered renting our current home as a mid term but we are afraid there isn’t much demand and it would sit vacant for long periods of time between tenants.

@Denise EvansI was afraid this would be the answer.

All that to say, don't be afraid to block out the noise here, and elsewhere and trust what the step will do for you and your situation specifically.But overall it was the best decision my wife and I ever made, and has led to more and more as time goes on.

@David Krulac yes, that is what everyone should be afraid of.

You shouldn't be afraid of a mortgage on investment property!