IMO this is because of government fiscal policy, ie spending.Bad Government Fiscal Policy is Driving InflationDeficit spending is a snake eating its tail: deficit spending → more inflation → higher interest rates to slow inflation = more inflation = keep interest rates higher → debt more expensive / accelerates…..repeat.The US debt has is currently rising by $1 trillion every 100 days, or roughly the budget of our entire defense budget (which is larger than the next 10 countries combined).

I assume his income will not cover the cost of assisted living roughly estimated at 5-6k per month and I will have to figure out how to cover the monthly deficit. 

If you are buying 3 properties each year and you are breakeven on cashflow, you are going to be in a large deficit when you have to start paying for turnovers/vacancies/capex/evictions.

Get data on how many calories you're eating as well as the macros, micros, etc... 

It's like trying to answer "How many calories should I eat?".   

The harsh reality is that deficit spending to meet interest obligations will accelerate, further reducing the purchasing power of existing USD in circulation and USD savings. 

In your example if value is not sufficient, they will hold you each accountable and if your four partners disappear, the bank can still hold you personally responsible for the entire deficit.

Deficits, China selling, demographics, the great unwinding of globalization, the loss of reserve currency status.

You'd have a deficit, but I would imagine (and hope) with 20 units you'd cash flow enough to be able to cover it, and then... ideally... you won't have to worry about replacing at least 4 of those roofs in the near future, so less capex expenses to worry about lol.Consider this an expensive lesson and make (and stick) to a good repair/capex/emergency budget, or... if you're going to hate RE regardless... just hire a PM... but make sure that's in the budget, too lol.

They try to desperately tie people leaving to the budget deficit but then have to admit it was more about reduced capital gains taxes and job losses in the tech sector.