@Anthony NA@Brandon Rush hit it right on the head.

Seems like I'm at a bit of a time disadvantage even saving $1K/mo.I have yet to read his book on investment with low or no money down, but it's in the mail heading my way.

Can't bury your head in the sand on this one. 

It would be really easy to get in over your head real fast.  

Typically if a resident gives us a heads up that they will be late and are good residents we will work with them to an extent but try to get the rent paid by the 15th.

Doesn't mean that you don't want to make money and also sounds like an extra $50 trying to hit it on the head exactly could add extra stress and strain when you're trying to purchase the next one and have it contingent on getting a signed lease.

There is good reason to have a substantial umbrella, but in reality, $50M will be plenty to cover my business needs

@Jon Kelly Rates of 8-9% for hard money is going to be hard to find with rates heading up. 

In the line of work I have chosen you only have to have a GED for entry level and most employees have only graduated high school so my degree has turned a few heads for upper management who know the school.

We control from the top of our head to the bottom of our feet.