I can handle stress we have over 3 restaurants inthe family ... stuff happens things take down turns randomly .. been there done that with dumb lawsuits customers/ employees have thrown at us I guess thats why im so cautious honestly that plus the main reason i see real eatate as a safer investment and why im am here on this forum is ... my parents have 2 single family  rentals and one commercial building (they paid off in 5 years with restaurant profits) cash flowing 1000 each house and commercial cash flowing 3,500 freely and its a piece of mind they always have extra money coming in with payment free properties I guess since i grew up seeing that side of passive cashflow I’ve always thought wow they have zero payments and they get all this money flowing monthly (obviously not a great sum) but you get what i meanOkay ill probably start going 30 year notes but just for the sake of peace of mind forsure im gonna be paying them off sooner if economy starts shakingAgain im here for the long haul in about 4 months ill be looking for property #2 so yall shall see me again here

Pulling the equity from the house you are in can work as well I would just be extra cautious since it's your families.

So many if's it makes me super cautious and nervous.

What I am doing is making sure all of the people who come across this thread and potentially your website are given accurate information as to the risks of spending their money on this kind of investment.And I gotta say, i'd really be cautious investing my money with someone who claims that it's silly to think Section 8 tenants in Detroit are high risk.

However, I'd be cautious with Florida as the median house prices are higher and can require more cash.  

I'm being pretty cautious. 

Be cautious, of course, and make sure you're fully vetting these properties - getting your scopes BEFORE you place an offer is your best protection, and running the numbers to ensure the ARV works with the kind of ROI you need to fund your next project. 

@Jasmine Feeney I think your approach is a cautious, prudent one - especially since it seems you're saving up to purchase more.

Every time the banks come up with a new level of security, the fraudsters are already a step ahead.So, in the end, sure - people need to be cautious. 

After the stock market crash, then it is time to be cautious with the housing market.