I just don't want to overpay an aftermarket tank just for a very modest rental income.

Unless you have a roadmap you feel confident about it's difficult to proceed with the kind of confidence you need to take calculated risk.I would also agree very much with @Bjorn Ahlblad right now if you are purchasing a new investment and we are recession bound you want to have plenty of cash on hand to weather the storm the last thing you need when you get going is to walk into a foreclosure situation.Personally I have put the brakes on BRRRing for now until the 15% unemployment surge plays out because I do not want to rely on properties increasing, the next 3 - 6 months could get rocky in the SFR sector and I want to be well positioned to take advantage of any downturns. 

It is like getting a brake certification or drivers license.

Intra state offerings are regulated and must adhere to the securities laws of the state in which the offering occurs; the investor’s in the offering must be residents of that state, and any after market transfer of the securities must be to residents of that state.The exemption for a private placement must adhere to rules for private placement issued by the SEC which include no solicitation or advertising, a pre existing relationship between the issuer and the investor, a maximum number of 35 investors who must be sophisticated.

Maybe to a property they would like to be paid $100k or more to live in sometime after the exchange.It definitely put the brakes on the property I was considering selling earlier in this thread.

As an investor, my main focus should be on finding the next deal and not fixing and repairing things that brake.

-Commercial tenants are easier to evict-security cameras will probably stop the brake ins and lock drilling-have you RE-read the lease?

This is the make or brake section of the entire plan.4 - I highly highly doubt you can get anywhere near double your rent.

AFTER MARKET CRASH, there will be many deals available to get in at low equity, and ride that equity as it climbs up over many years.3.

(and to be honest, I could have finished with probably 10k less debt if I had been more willing to truly commit to the starving grad student lifestyle).But I agree--if you're 18 years old, and you're about to sign on the dotted line for $100k+ of debt, it's probably time to pump the brakes and quintuple-check that you're making the right choice (and chances are, you're not).