Living below your means is a powerful discipline and it will greatly help you and your wife when you start your investing, so kudos there. 

As we got further into the meeting, one guy spoke up and repeated himself about 5 times about his acquisition strategy, his exit strategy, how he would make his money even if the place burned down, his limited purchasing power, and on and on.  

You gave her too much power by allowing her to repeatedly break your lease without repercussions.Good luck with future tenants.

Also, decreasing your spending rate is much more powerful than increasing income, which is something that I didn't fundamentally understand until reading the article.

The power of relationships with local lenders can go a LONG way.

The power of rev share is why so many are pushing hard but one thing they seem to forget to mention is that if no one is selling real estate, there is no revenue to share.  

Never forget that YOU are the landlord and therefore a lot of the power in your property is up to you.

I have real assets I'm looking to grow and protect and I can't just put everything on the line any time I feel like it.With that said I do think there is something powerful for many people about your back against the wall or down to your last strike. 

They have power of attorney with the mother recovering from a stroke.

Laundry is a convenience for the tenants and not a real money maker-you have to pay extra water and power, plus the machine mtce etc.