A test case where my risk is low (and so is his if his confidence is justified) is a great place to start.

There’s always unforeseen expenses that justify having reserves on hand.

Fees should be clearly stated in writing, easy to understand, and justifiable.

If you're planning to hold this forever and don't need to cash out any time soon, you have room for error since you can just wait out a recession and recovery if you need to.Lastly, do you think the recent strength of the market was justified?

Fees should be clearly stated in writing, easy to understand, and justifiable.

Fees should be clearly stated, easy to understand, and justifiable.

My highest rent is 1400 for a 3 br multi level apartment.Features new hardwoodfloors and SS appliances.I spent alot (probably more than I should have) on updates to common areas such as laundry room to make overall house more confortable for my tenants so I feel that charging on the higher end for rent is justified.

Fees should be clearly stated, easy to understand, and justifiable.

Is it justifiable?

Hey @Anthony Cummings - you could try focusing in the midwest where I've heard property prices are still stable enough to justify better cashflows.