I don’t see the logic to it.On a side note, @Bob Mueller Jr. - what’s been your experience being limited to 30 day plus rentals?

See I understand the bank's requirements and POV (I have been a CPA) but in my view I "should like" to be lent on every property, if I get 20% down from my equity or whatever, regardless of my income level because the property will cash flow, but banks and lenders don't think like that, even though it's logical.

His logic is that if I get comfortable with being a landlord, I will have extra liquid cash in the bank to buy 3rd house for rental.

So my logic has led me to think sub-division and sell. 

Work on your credibility, and work on your SEO.Learn everything there is to know on DMM ( DO NOT LEARN THIS FROM PEOPLE THAT OWN A MAILING COMPANY).Use your own logic, and what EVER and WHOMever you decide to learn from, let them show you the numbers.

Now, though, it's wave after wave, and simultaneous waves coming from all sorts of directions... and the ripples are just not as logical anymore.I agree with Karen... it's one of those "sit down, buckle up and hold on" times of life. 

If you're not waiting for a crash, and based on your comment, it sounds like you belong in category #3 which is the most logical place to be.

You need to also consider many other costs:- Insurance- Water- Repair costs- Maintenance costs (mowing the lawn, shoveling the snow)- Property management costs Personally, I don't abide by the "small losses every month are okay" logic.

Exceptional cash flow.If anyone see's any holes in my logic have at.

He asked me why people can't offer him deals like this HahahaI know I am somewhat emotionally invested in this but my logic says as long as I can hold this together for the first 3 months I can make it work.