So if you're selling a rental worth $500k (using round numbers for ease), you could identify as many properties as you like, heck you could pick out 20 if you wanted, as long as they don't all add up to more than $1 mil (200% of $500k).OR2.

Great job Quinton on picking up the phone and calling people directly. 

It should be pretty simple with your employment position but I would look at the possibility of reducing my mortgage payment and try to save up 3 if not 6 months of paying all of your expenses and change your mindset and do not be a big spender any more and only take anymore debt that does not make you money.As far as new investments go I would look at possibility of taking a home equity loan. 

I pick up the check and change the air filter every month.  

Tell them to pick up a copy of their state landlord tenant laws.  

It's not that I might have picked the wrong 'soon-to-be-valuable' real estate... the situation was that no real estate would ever get expensive. 

It's pretty simple. 

That can mean either great CF or leave me in a place where I'm scrambling to offload a property at the bottom of a buyers market.I just wanted to pick the brains of the more seasoned veterans who have been through multiple ups and downs in the market over the years. 1.

You can always pay a management company the $350-400 to manage the property to, but you aren't locked into that if it ends up being simple to manage (A class properties are a breeze). 

Rising Labor Cost, increased government spending, and prolonged housing shortages are the main pressure points.Inflation is picking up and looks to increase over the next 18 monthsa mortgage rate jump from 4 to 4.5% and 60 bucks a month to a mortgagerent increases have exceeded 3% annually over the last 4 yearslow unemployment, rising house cost up 3% over the last yeari believe this is why there is such a demand for rentals now.