We also have four aging water heaters all past their dates, which we've been encouraged to replace with a single indirect water heater (so we'd start paying tenant hw bills but could up the rents next cycle to accommodate).2.

Thanks to all for your encouragement and ideas.

Unfortunately politicians look for votes regardless of what is best for society and morally correct.

Back in 2009, Fannie Mae raised its limit from 4 to 10 as a result of the Great Recession in order to encourage investment. 

I would encourage you to look at the rents and prices in the specific area you are looking at and compare your projected return with those returns to evaluate how good an investment you are making. 

They do not want to have society as a whole build an investor an empire.

Maybe it will encourage some folks to try to get back to work.

Please do not encourage this behavior by doing cash for keys.The PM that does not respond has to go. 

It started as a question from my friend, " would you encourage your daughter to get into real estate when she gets older?"

I am a strong intuitive and creative and am drawn to encouraging intuitive-ness, so if you have an inkling we may click, please reach out.