Both were informative.I completely agree that it is far too easy to fall into the "here we go again" trap, expecting the next recession to be an exact repeat of the previous one.

We also continue to look for the duplex to quad that has the obvious value add (i.e. rehab) that we can do a BRRRR so that little of our investment is trapped in the RE (this is mostly what we have done previously - BTW without market appreciation we never can get 100% of our investment out via BRRRR primarily due to the LTV being low and the refi appraisal being low (recognize this if you are planning on BRRRR)).Good luck

There aren’t that many available and they are more expensive that I find reasonable.Now I am thinking about just getting another SFH farther out where I know it’s safer but I feel rushed, slightly trapped, and humiliated if I tell friends/family because RE investing is all I talk about.I’m not really sure where to go, I don’t want to/am not ready to move yet but I’m scared to stay.I suppose I could move back to my parents and try and rent the home or sell it but it would be incredibly embarrassing. 

I don't know how  much time you have spend on market condition in your area but trapping this much money on one investment without knowing the market conditions is too risky.  

Add in Section 8 red tape and bureaucracy and things can turn messy really quickly.

You can set yourself up to succeed if you understand the traps and downsides and position yourself to avoid those.Good luck! 

I'm certainly not trying to get stuck in that trap!

There is less problems with it, no smell to it because the rain water always stays on top of the sewage water and traps the smell in.  

The snow is starting to fly here in the Northeast and I’m trapped in doors for the next 24 hours.With the free time I thought it a good chance to get reassurance that my current deal is a good one.I bought a 2 family about 15 years for $120k, remodeled it slowly and rented it steadily for 10 years.

The property is in southern Louisiana and when an oak tree even brushes against a building you would be amazed at the amount of insects, mainly roaches, it leads to.