Business started picking up and I need more storage space for them so we turned it into a rental property sooner than anticipated.

Real estate investing is a long game, so getting more properties sooner gives you the advantage of time.Con is debt, which increases risk by having lower equity.

The only reason I'm considering not paying up front was to not tie up the cash in the short term if for whatever reason I didn't find an end buyer sooner than later.

I bought outside of my industry familiarity, and I'd wished that I would have sought outside help sooner.

This included use of the gym as well as once a week "social gatherings" where they would provide a meal, cocktails, rent a PayPerView event, host a pool party, or some other sort of event.  

Or maybe you’re more of a gym person.

Essentially, I determined that it was also important to take an inventory of what will need to be replaced sooner rather than later and save extra just for those items.

Understanding the unexpected costs, letting me bail out sooner, yeah that's not a bad deal....Tenant leave the property, and in the meantime liquid damages are unexpected efforts to show the property, time dealing with the lease breach, contacting and working with your Agent/PM, potential utilities costs, advertisements, etc. 

And the more cold water that enters the tank, the sooner you run out of hot water altogether.Reasons a dip tube can go bad include: Normal wear and tear.

I haven't yet applied to different mortgage companies to get pre-approved, because again I'm not sure if it's too early or not.As you can probably tell I'm a little anxious to get started and taking action, but I don't want to jump the gun and screw up timing (mortgage pre-approval expires and I have to reapply, find a home run property but the seller wants to close sooner than April 16th so I lose it, etc).