We're keeping LTV low, taking more term on our debt than we anticipate needing, and have a plan that focuses on bringing the old leases more in line with the current average rates.We also run Downside scenarios to see what the numbers look like if we're wrong about room to increase or (worse) the market changes and results in vacancy going up and rates going down.Those are not pretty of course, but a large part of winning is being able to stay in the game.

Besides, I'm not the one paying back the loan, my tenants are...Hope to level-up to the unsecured loan one day... and, I'm in this RE game for life, so I'll get there. 

BP has been game changer with opening me to lanes of investing I never even would have thought of and the different ways to live financially free.

Make your profits and work around your rental portfolio next year.Then scale it up from there.I see myself making reaching 5 millions at the 4th year :D)))Good Luck!!!

I've also heard that some places will do portfolio mortgages.

I have played the game of making an investor think I had another offer.  

Otherwise, you'd have to go portfolio lender (maybe they do 20%) or hard money, which would be much higher. if you don't have even $20k saved, sounds like you are far off yet.

Targets for a new person versus a person with a portfolio are different.A brand new person might be happy to generate $300 per unit each money after the reserves (maintenance, capex, property mgmt).

Im new to all of this and constantly trying to learn the game of investing.

I have two SFR properties in Texas (one in Spring for past three years and one in Conroe for past three months) which I plan on keeping for the long term while continuing to build my portfolio.