I wouldn’t want to own one much smaller than ours, there are definitely economies of scale for such a business unless you are planning to run it remotely which sounds like a real headache to me.

You're going to have to earn the trust of your lender, and not the other way around - the days of free capital are gone.If you want to invest institutionally, find a credible lender who is still lending and adapting to today's environment - I have heard that the largest lenders in the space (read, the lenders with the best rates and terms) have paused (read, stopped lending) for the next 60 days until they figure out where the economy is headed. 

We self- manage, but I do see more issues creeping in with the economy in the current state -tenants not paying full rent, trying to exit early without paying last month rent etc.

When I fail, I feel sluggish and mentally slow. 100% agree, and again, so glad to hear about your recovery!

The key to making it work however is to invest in markets with growing populations, growing jobs and modern/diverse economies and industries.

None of us know what will happen with MF or with global economies but one certainty is that high housing prices coupled with high interest rates will help support the rental market in a nontrivial way. 

Employment growth or decline is a direct reflection of an economy expansion or contraction.

That is a healthy reflection of the micro economy.

These reason are why you are continuing to see HNWI purchase property while many are deciding to sit on the side lines as we wait to see what mortgage rates and the US economy do moving forward.Special thanks to:William Mitchell IVClosing Purchase Transactions in 11 DaysVP Mortgage Advisor

I am going to use my home market, Twin Cities, which is the 3rd largest economy in the entire Midwest, 2nd only to Chicago and Detroit, with projections of over-taking both in coming years to solidify #1 spot.