The tenant then causes further damages, their negative balance grows, and so does your misery. 

Now that doesnt mean I think every property will go up in value, nor would I buy something that was cash flow negative...but we should not ignore the simple economic forces of inflation, and supply and demand.  

Some negative.

Is there anything else I could be missing or not thinking about, that would be a negative to just having the line available?

Is there anything else I could be missing or not thinking about, that would be a negative to just having the line available?

Is there anything else I could be missing or not thinking about, that would be a negative to just having the line available?

It opened up my world.Now I am trying to reduce my 401k just to match what my company pay for (I have been maxing out my 401k and IRA each year) in order to save downpayment for a rental SFH.My wife loves our home so I can't do anything about it.The problem is my two cars.My bimmer has 5 year loan and if I sell it today, I lose all of my downpayment (10 grand) and leaves me negative 5 grand.

I have done some research on my own, looked at crime maps, called the city planning office, looked at employment numbers, rents, income statistics etc. and do plan on checking out the property as well as looking at the area while there.

I know a lot of people prefer to manage their own properties because nobody takes care of your properties the way that you do, however I know one person can only do so much as one scales up.While I'm sure there are plenty of quality PM companies out there, most of the experiences I have heard have been rather negative such as fees incentivizing turnover and repairs being "band aid fixes" to a bigger problem.

I would negative on doing this because of its uniques but you have proven its monetary intake.