I plan on doing this one more time next year, but then after I acquire 5 properties it will be hard to acquire more due to my debt/income ratio even with an 814 credit score and no debt other than my rental income properties.I have a serious capacity for stress and risk.

It will also take away any stress your credit is causing you. 

I can't stress enough finding an agent who has experience with investor properties!

It’s nice to stress test your assumptions and drop your occupancy to 85-90% and see what that looks like as a worst case scenario.As far as the 80/20 or 75/25 it’s probably a lender specific question as I always err on the conservative side and avoid any surprises.

So I will usually 1.5x or 2.0x the stress.

I've worked with a financial adviser when I had a brokerage account who helped me stay on track when my emotions were getting the better of me during stressful market conditions, but the adviser could only deal in products offered by that brokerage firm.

These are the four biggest pros IMO.1) Cash flow is tremendous2) Students are highly likely to pay their rent3) Easy to raise rents every year4) Consistency and stability of the tenant base The management, however, is pretty involved and can be very stressful.

Yeah, it can be tedious and the stress level is high, but I love it. nice to meet you.

You still have to manage the Manager.I try to stress to Investors that you are better off calling yourself a Business Entrepreneur rather than an Investor once you buy Real Estate Properties.There are aspects where the Properties are like an Investment, such as rising in value due to appreciation, and there are aspects where it is much more of a business when you have to do extra work like evictions and re-renting.I consider buying war-zone D properties to be strictly a business because you have to spend a lot of time in it and you generally receive very little appreciation.I consider buying Prime Property where the management is incredibly easy as more of an Investment than a Business, especially if you can put into place things like automatic rent collection.When people tell me they want to make a lot of cash flow by investing in Real Estate by buying war zone properties, I have to ask them are they really buying an investment or are they buying a full-time job?!

We just want passive income without any hassle or stress.