I can only imagine investors with 10+ properties are closing in on a 7 figure liability - Is the rental income enough to justify that magnitude of debtOn top of that, I will want to get a personal home soon as well (currently house hacking a duplex), I wouldn't want real estate investment debt to be a burden on me missing out on a dream homeThen of course I'm cash stricken after putting down the 20%, so it will take some time before my current property generates enough to where I'm ready to afford another down payment (also it should be noted I'm not thrilled about the idea of raising capital through others)How do you manage your debt as you scale your portfolio?  

The prices in Brooklyn as long ago were not something I could afford, I thought of the Queens.

The PSA gets signed, You are given any documentation that is needed (seller's disclosures, rent rolls, t-12, bank records, sched C's etc, inspection is done, any re-trading due to BIG discrepancies in what your D&D found and what the seller declared to you, wait for title to be done and the financing to be complete sign the closing paperwork and get the keys. 

Understand that Starbucks doesn't invest in areas where the local population can't afford a "luxury coffee" and you will find very few pawn shops in the best markets.

@Lydia T.

However, other park operators have done well by rehabbing older homes (assuming the needed repairs are less than $15,000)...in the end, shelter is shelter—especially with the shortage of affordable housing that is available. 

Of course you don't want t rush the job, but you also don't want to be paying costs, interest and fees unnecessarily.Hope this helps :)

Passive & affordable.

You better have a great team to play with and know your sh*t, if you want to see a piece of the action.

We have owned it for almost 3 years, with very good cash flow, but have recently discussed converting into condo's and selling as individual units due t my relocation out of state.