Lessons Learnt: We can analyze deals and learn all we want, but at some point we have to conjure up the courage to take the plunge, trust the process and there is Power in the "FIRST DEAL", Now you are in the GAME, that will teach you so much and we will learn everything that is needed in the process, there are some specific podcast episodes, which resonated with me,real-estate-millionaire-teacheraes-salary-michael-swanny-swanbuying-first-investment-property-newbiebiggerpockets-podcast-390-leka-devatha4-single-income-family-buys-11-units-in-the-nyc-area-in-4-years

Need the numbers.The numbers don't matter if they are not sustainable....meaning that STRs are banned.

Trading up a couple of times is a solid strategy to consider.You're doing lots of good things and you're trying to do them in the most severe seller's market I have seen in my lifetime and in most markets I don't think that it is sustainable. 

I just can't see that happening anytime soon here.My main concerns about the market here is the high barrier to entry and how sustainable the appreciation will be.

Most of these funds are limited to accredited investors, which means you have a certain level of net worth and sustained income production.

I am thankful for all my friends and extended family.Its nice to see successful landlords that still enjoy and honor the profession or job that helped them create and sustain the ability to invest in real estate in the first place.   

But the key is why do you need to make it work when you can take some time to find one that works out the gate.Before going too far, I am going to assume that you have calculated using the HELOC would have the current rents to pay the HELOC without dipping into you other incomes to sustain the property. 

Once sustainable and I have a few units, centralize vacancy expenses, capital expenses and repairs to free up cashflow and pay down more.  6.

There's no way rate hikes can be sustained long term.

That is so common and yet so funny when you say it as it resonates.