As far as 1 & 2 go my wife is pregnant and we have almost 3 children and I am not wanting to put that type of stress on my wife with a move.

Im really stressed about getting this done and not losing money at this point. 

It puts undue stress on your finances at a time the market may be declining (3 years from now, etc) unless you can guarantee to me that you can tell the future.

Most people with money are looking to diversify from something other than Real Estate into Real Estate as a portion of their portfolio for stress free returns on their money for the long-term.

I honestly don't hate it and many times am surprised when something like that happens and I stress over it and either no one notices, cares or they even compliment it as different and interesting...happens often. 

I would think the issue would be if rents soften and go down or you have vacancies.. keep in mind not all apartments did well in the down turn.. in Vegas many lost apartment complex's same with Phx.. when vacancy went to 30 to 50%.. they lost them to the bank.I know of one big apartment owner in Oregon who sold their prime Portland 3 and 4 caps chasing yield in vegas 100 million dollar roll up.bought vegas in 06 with max debt and by 2010 he lost the entire portfolio to foreclosure.. in the meltdown nothing was immune.. although Portland ( and this is all very regional) that rental market was strong.. but today as we sit here it is weakening in Portland rents are coming down.. and those that have built new complexs are going to be stressed  for sure.. when rents get higher than owning which is kind of what has happened.. this thought that millennials don't want houses is just not correct.. they are not brain dead.. they know rent is a waste of money so when our rents in PDX get to 2500 to 3k or they can buy a brand new 400k home for the same price.. that's who is buying my new builds its that 30 to 40 year old new family.

I love the apex predator attitude but I think, with most models at least, you have to stress test and proceed cautiously if you want to make it long term.

Dont stress about real estate at the moment.

It really stresses the importance of focusing on seller lead generation.

You may have less stress and regulatory hurdles with an LTR, which might make up for the decrease in cash flow, especially as regulation shrinks that gap.Also keep in mind that there is a high demand for affordable housing here, and unfortunately a low supply, due to the fact that so many properties are used for STR, which there is also a high demand for.