We've successfully delivered over 550 investment properties to over 180 clients worldwide following this process, and:Over 90% of clients have invested with us repeatedly, showing they are happy with their investments.Our average tenant stays over five years.2008 crash - Zero decline in rent and zero vacancies.COVID - Almost no impactEviction moratorium - Almost no impactFrom 2013 through 2023, the annual appreciation and rent growth rates were over 10% and 8%, respectively.Jonathan, I hope this helps.

I was able to get a HELOC on the first one for 90K because it was a condo in Florida and doubled in value (has since crashed). 

.#8 I would consider your inspection cost a very cheap crash course in buying long distance investment properties. 

Quote from @Kar Sun: My tenant's lease is coming to a close and I am relieved she will be moving soon.She has been paying on time but has been extremely unpleasant and rude.While the money does not smell my mental sanity is more important than money in this case.She sent me a registered letter stating that she feels "unsafe because we have not done the fixes the way she wanted it".She requests to have her witness for a walkthrough.In my state a walkthrough is required but I am not about to grant it to her to bring any witnesses as that is not in my contract.If she feels unsafe she does not have t be present.I also do not treat a final walkthrough with a tenant as a final sign off.This walkthrough does not include a detailed inspection of the plumbing and the appliances that will be done after she departs.This is simply for the visible cosmetic issues and should take less than 1 hr.  

Recommend you start researching what investors did prior to the Great Crash of 2008.

Hopefully, I'm wrong but if not take into account for the families "house-hacking", it's an extreme and unpleasant sacrifice with a majority likely not happy with it.

This train is going to crash and there is going to be blood in the streets.

If you are not in a good neighborhood, you will not be attracting great tenants and sharing a duplex with someone can be a highly stressful and unpleasant experience, especially if the structure is not truly conducive to being a duplex.

.- Just ask any investor doing deals prior to 2008 Real Estate Crash!

Sure  you can cash out, but what happens when a bubble is determined, like the housing & stock markets, it's value will crash and crash hard.