I haven’t gotten bids yet (build is too far away), but I’m hoping to keep it under $300K by subbing out the work myself.I’m not a huge Dave Ramsey fan, but I do lean toward being conservative and avoiding too much debt.

How much weight do you give to the cash flow benefit of cheap debt when the property is priced above market?

How much weight do you give to the cash flow benefit of cheap debt when the property is priced above market?

So for example I'm very conservative and don't want any debt on them because I feel this hardens them in case of a severe recession.

We have tried multiple local collection agencies, and we have not received a penny for over a hundred thousand dollars of bad debt submitted to them.We keep hearing, "It takes time" but it's been well over a year with the most recent one.

But that extra $7200/year will go a long way in paying down your loan faster, build up another downpayment fund, pay off other debt, etc. 

Here’s some context: Property 1: >$100k in EquityValue: $325kDebt: $220k @ 2.88% (30-year fixed)Property 2: >$70k in EquityValue: $325kDebt: $252k @ 3.38% (30-year fixed)Extra considerations: - I have $15-20k liquid to use for any of these deals- My current job is relatively stable, but not high-payin- Current properties in TX, living in NY, looking to invest in Mid-West (crazy, I know)- No other debt obligations besides the two mortgagesUltimate goal/timeline: Though a bit ambitious, I’d love to build up the portfolio to 10-20 units in the next two yearsI understand that any/all replies aren't financial advice; all ideas welcome for information purposes. 

Im self employed, roughly make $130k gross anually, 1099 NEC , no debt at all, 740 credit score. 

I personally don't quite see any of these positions being completely eliminated due to AI, at least not in the forseeable future. 

I'm at the beginning of my investment career, fresh out of college and pretty heavy in debt at 7% interest.