Rent by the room to me as a bizz model I dont care for personally. too much work.. now owner occ bring in roomates that different or student housing or as other stated crash pads for airlines thats different. 

DubnerFreakonomics is a crash course in the populist application of economics. 

You could start saving and cutting your expenses aiming at arriving at that specific amount for a down payment on the day of purchase.

If you want to change to cost seg allocations in 2023, the 3115 essentially calculates what amount would have been taken in prior years had the cost seg allocation been used for those years, then it backs out what was actually taken to arrive at the catch up amount (called a 481(a) adjustment).

You will eventually over-leverage and everything will come crashing down when the market turns or some other unforeseen event occurs.The wise, proven way to build wealth is to earn money, save money, and invest money.

Even if there is a crash, and people downsize, those people will have a need for self-storage, as evidenced by storage occupancy rates during past recessions.And during inflationary times, our rental rates increase.

During the last crash, believe it or not that was the #1 flip market in the entire country.

I’ll keep finding and buying cash flowing houses while others complain and sit on the sidelines waiting for the “big crash” all the doomers keep telling us about. lol

Sometimes they advertise a 9 cap but then the OM reveals that it's a projection, and they also show the P&L, in which case I'll go off of the in-place P&L to arrive at cap rate, which might be 8%. 

In a bear, or pandemic, housing crash, etc, Ramsey’s method leaves people sleeping easy while many RK followers are running around losing their minds.