Our members include Rookies to Seasoned investors and those who support our efforts.Here is the website.

If debt starts to go bad it could mean massive deflation and ultimately a repricing of all the assets the fed has supported these last 10 years, aka japan in mid nineties with real estate never(as of yet) recovering.If they succeed it means asset prices and gold will soar!

As to your question,  my impression is after the crash of 2008 banks are now required to have much more risk-adjusted capital to support various stress tests imposed by the regulators.  

@Evan ComilloniDefinitely keep your day job for a variety of reasons:  benefits, income to support loan, income to live on, income when the market goes down... 

With the considerations I have outlined above for missing and low expenses, I think you will be cash flowing negative for many years before this property finally starts to support itself.

My concern is your PM contact did great when he had a (small) company supporting him.

The reality is that our world as we knew it is going to be different for a while - but the reality remains that we all have to support our way through it.Stay well...

Bank of America announced Thursday afternoon that it is extending “additional support for consumer and small business clients experiencing hardship from the impact of the coronavirus.”

So now, I have 2 outlets coming from presumably the same line, supporting regular household items like a pc, and phone, and a lamp.

More to learn from here in our BP site, and more supportive members to help you out too.