I actually just finished reading the first book you recommended, and I can attest it is a fantastic read.

For someone that's not as conservative, or a different view on the cycle, they might have a different opinion than me on all of this.2) Sponsor quality check: (takes about 45 minutes per deal)I believe that a great sponsor can take an average looking deal and make it great, and that in mediocre sponsor can take a fantastic looking deal and make it bad (especially if there is a severe recession).

@Brian Valdivia with www.beltwaylending.com is fantastic  

Colleen Pacheco with Secured insurance in Orlando is a friend and is fantastic.

So the numbers are fantastic.

Hey Matt,I aggressively built a 12-door rental portfolio from 2019-2021, largely leveraging my HELOC.I always tell people that it's a fantastic tool as long as:- You can COMFORTABLY service the extra debt- You have a plan to pay it offI was ok with the extra debt servicing and my payoff plan was simply finding off-market deals, paying cash, doing cosmetic rehabs, and refinancing when done.

The RE Rookie podcast from Bigger Pockets is FANTASTIC!

We have a fantastic 2-bedroom condo in Bushwick, Brooklyn, with estimated rent of $3,200 in a hot market.

Diving into the Charlotte, North Carolina real estate market is a fantastic choice, especially for your first rental property!

that would be fantastic, as I plan to rent my primary residence by the room once we purchase another property.