If I were in your shoes I would go find the best commercial broker in your area and get them to underwrite it and ask 2 or 3 property managers who work that asset class underwrite the deal.

Not to mention any tax benefits the seller might enjoy from an installment sale...Those of us who understand how to transact in this chaotic environment are lacing up our running shoes!

He was a short-order cook and tracked grease in on his shoes every day, leaving a track right down the living room and bedroom carpet that could not be cleaned. $1800 in repairs and I had $300 from his deposit.Don't even use the deposit for anything when the tenant lives there.

You’ll have to look in the mirror and decide if you want to grow further and/or what risks you’re comfortable taking.

I have months of reserves sitting comfortably in a bank account that will not only pay for my rentals to stay afloat but as well as my personal finances.

I would say that if you're comfortable, have access to a trustworthy mentor who can guide you into the Stock Market investments, and you WANT that, you should definitely go that route!

Whether that is due to one tenant moving and another moving in so you have to make repairs, a down rental market, or a bunch of applicants that you aren't comfortable renting to, things happen from time to time that may increase that percentage.

This entire situation probably has you firmly placed outside your comfort zone already, so you’re in a perfect position to do some outside-the-box thinking.

@Joe Carter I’ve been in your shoes my friend.

-what made you feel comfortable buying that way, and how did you make that decision?