I have zero issue with this approach.

I don't settle for less than a 9 to deal with that but my tolerance for b.s. and indigestion is low.I don't always need a 9 though. 

If you can get $750 a month property should cash flow and you will have zero money in the property plus 25K equity. 

Keeping that in mind, many have more equity in their properties and some believe strongly in having zero debt and paying off the mortgages as quickly as possible rather than continuing to buy more properties through refinancing.I have at least 30% equity in every one of my rental properties.

Madison has reliable rents, but also days on market that are essentially zero.

However, I have taken the route of getting an umbrella policy.

Now my HO6 premium went up and thanks to centralized/online recording, my primary house insurance went up by $200/year b/c they detected this loss incident under my SSN/Home Insurance policy.2)Now here is the situation that impacted the showing of the house and getting prospective tenants/students for next year's rent in a timely fashion.

Opportunity Zones can be used to minimize tax payments or even reduce to zero.  

Is bringing a toddler to a REI meet-up acceptable, permitted and/or tolerated?

Depending on your returns and how recent any major work has been done, it is possible to adapt to the needs of the specific property (i.e. if the plumbing, HVAC, roof, etc. was all done in the last year or two you can focus more heavily on cashflowing into the next property and setting aside a smaller portion as an insurance policy for the next big problems).