where were you when about 200 plus families in La I had to foreclose on and take their investment property from them.. its a nightmare I am not saying no debt its not realistic until you get to a certain level but having free and clear assets is a choice and no one can take them from you..I am a gambler anyway I gamble on appreciation every day.. and value add..so maybe I am not the best to have this argument with.but when I look at the truly wealthy friends I have and I mean truly wealthy  not 7 figures but 8 figure to 9 figure net worths most of what they have is paid for it not all.. unless they are in big syndicated deals.. houses are paid for second houses... house s at the ski areas the lake front homes.. etc etc.. but I guess I am just more in the limit debt camp for long term liabilities..

The other assumption or gamble here is over time the property will appreciate and rents will increase to a point where I no longer am losing on the investment.

Too much speculation, it sounds more like a gamble than an investment.

I'd rather rent a property to someone that's highly qualified than gamble on someone with poor credit performance.

I remember when you were just starting on this adventure in 2015. 

We're excited for this new adventure and lessons we'll learn with this 133 year old building. 

Hello,New BP member, just upgraded to ProBeginning my real estate adventure, wanting to do buy and hold strategy, looking at potential properties so far around 30-40k. 

Buying TK is akin to gambling and something tells me you wouldn't take your hard earned money to vegas and play craps our roulette would you?

I have been absorbing as much information from the BP books, podcasts and the webinars to try and prepare for this adventure. 

I don’t feel it’s growing as fast as other parts of Lexington, so it feels more like a gamble.