I will also look nicer when freshly painted and help hide imperfections in the walls.

Of course we don't have all the facts of your specific situation but I hope that at least provided some perspective.  

I think others have already stated this well, but here's some additional perspective: the sky isn't falling.As @Steve Rozenberg stated, folks will always need a place to live.

I am viewing this from a business perspective not personal racist or twisted attitudes.

The liability just rolls over and with each exchange it sort of starts fresh but since you are always exchanging up your liability will continue to grow.

Any fresh graduate with a degree in computer science could become a "consultant" upon graduation during that era.

:cool: This obviously substantially improved his DSR and allowed him to continue borrowing.Even if it doesn't necessarily make sense from an investment perspective (ie the 6%-ish return isn't very attractive, and may even be less than his cost of borrowing the funds), the fact that it enabled him to continue expanding his portfolio was what made this such a great option for him.

Show your math and you can get multiple perspectives on your situation.

The plan is to manage a few myself with TenantCloud- then when I have my systems in place I am going to hire someone to do the book keeping/showings.I just listed my first property which was a fresh rehab.

This definitely changes my perspective a bit.