But why would you want to remove such a valuable tool from your arsenal?

The property manager is the key player, followed by a good RE agent, contractor and lender.

You are now "in" with the players ...Most people give up on step 2

I've seen several big players loose it all.   

I will add that question to my arsenal!

There appear to be a lot of big players in the RE world attending/speaking at this event, so it may be a good event to attend and soak up some information.

I used one piece in my arsenal with hardly any modifications for ten years.  

I think the mom and pop turn key I own a few rentals can usually weather the storms.. its the big players that when you have a crash it can be a wipe out.. 

(Fannie Mae does not allow more than 10 active mortgages for a single person).Most big banks offer commercial loans only to larger buildings (5+ units), but some smaller players (especially local / regional ones) will consider commercial loans even for small residential units.You can consider blanket loans as well (e.g. 1 loan spanning 3 houses totaling 7 units).  

But I know that some of the big players in the suburbs just north of me have stated that they won't come down to this area.