There are great areas in Indy, but we too are suffering from a hot market and margins are tighter and tighter.

Ideally it would not involve one tenant shooting another or you suffer two vacancies.

But if the tenant ends up being a dirt bag I’m not suffering through a year of crap.

The point of the article was to introduce a thought experiment to help folks who financially suffer under common misconceptions, as millions of aspiring homeowners are romantic about real estate, and spend more than they budgeted for that bigger house or bigger yard, or a chefs stove that is a total and utter SUNK COST, and then justify it by parroting that "Your home is your biggest investment" expression.

We might have to cut back on our 3-6 month RV vacations, LOL, but we would not be suffering. 

Real estate suffers from many idiosyncratic risks that this type of approach to investing does not suffer from.  

Another story for another day Strategically, we thought about fire risk in 3 ways1) Catastrophic scenario where the house actually burns down: it can take years to obtain permits and actually rebuild a home, plus demand in the area could suffer long-term if the entire area burned, so we agreed we should insure at an amount we could walk away and feel good about it.

I take extra enjoyment writing real estate contracts on a beach somewhere in the Mediterranean  or the reverse I was on a cruise off o Italy in fall of 08 watching the BBC feed on the economic melt down our country suffered.. 

If I don’t work out, my entire day/week suffers.

For example (hypothetically speaking), "the tenant stiffed me for the rent" makes me suffer if I judge it as negative.