If I was able to get away from work for longer than a week I’d consider that.

All numbers rounded off and made up, and ignores expenses other than interest but the idea is....You have $100k.You can buy 1 x 100k property that rents for $1,000/mo and you make  $1,000/moYou can buy 2 x $100k properties with 50% down $2,000/mo minus $225 x 2 (3.5% 30 year) $50k mortgage payments ($450) = $1550/mo cashflow but $160/mo is going towards loan paydown so your income per month is $1,710.You can buy 4 x 100k properties with 25% down: $4,000/mo minus $337 x 4 (3.5% 30 year) $75k mortgage payments ($1350) = $2650/mo cash flow but $472/mo is going towards paying down loan so your income is $3122/mo.Leverage: Cons: (1) Numbers aren't really this rosey as you're quadrupling your insurance and property taxes.Pros: (1) If you only own 1 property it WILL occasionally be 100% vacant. if you own 4 houses they SHOULDNT all be vacant at the same time, and you actually make $650+$236 or $886/mo with only two occupied.

We trimmed to about 375 and mailed one round.

So I guess the question could be - If I sold you a lottery ticket for $850 that gave you a 90% chance of winning $8000 would you buy it??? 

Typical drive destinations can usually get occupancy year round especially during weekends or holidays.

Median sales price for the Austin - Round Rock MSA is now $395,000Median sales price for the City of Austin is now $491,000

Would love to buy another one in the next year or so, but with prices shooting up like they have, I'm a little hesitant to go in for a 2nd round right now.

Some just don't pay because they can get away with it even though their income hasn't gone down.  

Plus, I see no set-asides for Capital Expenses like HVAC systems, water heaters, roofs, and other "big ticket" items that are wearing out yearly but only get replaced once every 7-15 years. 

So the court tells the renters association that's dispersing the money they tell them that they cannot give any more denial letters well so their whole thing about that is they just push everybody out and give them no explanation of any kind of denial they're just biting their time before they can deny so many people each month and get away with it.