I discuss it with my wife sometimes, as she worries about us being too heavily weighted in real estate and not enough in other things (e.g. mutual funds).One thing I come back to often is that to maximize your RoI in any investment, you have to know the market and know how to find the best opportunities and make the most of them.So, if you're buying 2/3 SFRs in B/C neighborhoods for a BRRR strategy, you eventually learn which neighborhoods are best and what's the best way to find the best properties at the best prices and get the best tenants for that neighborhood.

I would suggest a gradual change instead of just quitting your day job and jumping into a new career all together.

As a sale product they often punch far above their weight.

I use a 15 year amortization because it pays down quickly enough to pay off the 5 year balloon payment.Three If I had $40K to put down the property would be breaking even even on a 15 year mortgage and making $100 per door on a 30 year note, I am in effect borrowing the money for a down payment.Four I estimate the property to be worth about $220K, so I will gain a little equity.Drawbacks, I will be on a negative flow for about 8 months as I gradually raise rents. 

These lawyers are worth their weight in gold.

Experience is worth it's weight in plutonium...

I don't put a lot of weight in earnest money in the state of Arkansas. 2.

I would love to start off with at least 1-2deals a month and then gradually moving towards 5+ deals every month.

More importantly is to ask these questions of a former landlord and put more weight on that than the current landlord.

Have yet to close a deal but the experience im getting is worth it weight in gold.