Anyway, I said something like "How can you afford a flat screen TV when you can't afford rent?"

I don't see the trend slowing in 2022 with the lack of affordable housing, money in the system, and continued low interest rates. 

I can give you countless examples of “family offices”.Depending on who these people are, you could jumpstart your investing career by bringing them the right syndication and walking away with a percentage of something much larger than you would be able to afford for years

After that, they can get money from any source they want for as long as they want.When a tenant moves in with borrowed money, there's an exceedingly high chance the free money will eventually run out and they won't be able to afford the rent.

Section 8 does a full financial background test for them to determine how much they can afford of that $1450 rent amount based on their current income.

I would probably be able to afford one single-family further east in a b-c class neighborhood.I appreciate your note about risk and diversifying my portfolio/holdings.

Once you have a market and an agent, reach out to a lender and get that process started and start analyzing deals the agent sends over to get a feel for the market and what you can afford in it. 

Osborne - I would talk to a lender and see what you can afford.

I didn't have enough capital to get a big one, so I bought what I could afford as soon as I could afford it, so I could get cash flowing now.

Send a very simple notice:Dear X,Due to the termination of our relationship, I can no longer afford to keep the home.