For some unknown reason you were tested today, you saved a fellow human's life, and showed what you are made of under pressure.

@Brian, and that is a perfectly reasonable position to take, in my situation I'm in NYC, a very tenant friendly state, it's not unknown to be tied up in court for a year trying to evict a bad tenant, it happened to me, took eight months to get him out , situations like that can quickly mess up a positive cash flow, if I had a mortgage on that property I would have been in bad shape.

At first she was very hesitant own rental properties, deal with the unknown, etc. 

If we start down a path that isn't right (many times for reasons unknown to us), then He won't open those doors.

To some investors that may be too many unknowns to want to take on.I say this with probably a whole lot less experience than other investors on here but i have 2 duplexes and two SFRs in Cleveland as rentals and I have had the (very) unfortunate experience of trying to get renter in the November December timeframe in Cleveland.

I've joined the two major landlord Facebook groups for Ontario and it's been an eye-opening reading experience.. the mechanics of screening tenants such as verifying income and credit are still a total unknown to me so I appreciate your advice.

It's interesting to see the connection with a boom (today) and bust (unknown yet) cycle for real estate markets.

Would love to get some feedback on these numbers.FACTSFully occupied 3-unit MFH: 3 x 1br 1baAsking price $149kGross rent (not verified, based on the median rent in the area according to Rentometer): $2400/monthTenants pay all utilitiesAnnual taxes: $3,578.26; no unknown unpaid taxes nor liensNo HoA feesAnnual insurance (guestimate): $8002% rule: 1.66%50% rule: $646/month Calculations made with the current asking price, no rehab costs, $5k closing cost.

@Josh Stanley, the CapEx I am estimating in is for the unknown down the road, and is in addition to the rehab budget (which I guess would also be a CapEx). 

--Take out the HELOC on the rental and my stockpiled cash and pay off the mortgage on my main home in full and call it a day until the crash comes along when I will have likely saved up more money and have equity in my home, but of an unknown amount.