As Account Closed said, all investments have the potential to lose money, but you also don't want to sit on the sidelines forever.

We had $180k sitting in the property.

-- Roommates could accelerate your savings and give you experience dealing with tenants.How are you going to handle two mortgage payments while your rental sits vacant for a few months - or do you naively think everything rents instantly?

Guess where my moms house sits?

This means a lot of units are sitting, and we're seeing a lot of price reductions, lower offers being accepted, sellers willing to help cover buyer closing costs, etc. 

I feel like I've just been sitting on my *** for 2 years doing remodels room by room.

Let's see how this sits after 5, and 10 years.

. :) For some, I imagine you will have more than $200k sitting in them as "potential equity" you could sell 2, 3 or more of them and now trade them for a 6 or 10 + unit property.

You have mortgaged properties sitting vacant and properties in need to rehab.

Quote from @Joseph Shuster: $1.45M loan on a $2.2M property at 7.125%That's fine, just how do you sit in general?