Its just so many horror stories out there dealing with bad tenants that it's making me nervous although I need this rental to help pay for mortgage. 

Yes, today with the high prices and high interest rates it is harder , but still not impossible.  

Every year you have a vacancy rate from the year before. 

You can borrow more than 75%, but you have to be mindful of cash-flow and interest rates.

And, I average 107% market rate on rents.

I'm researching the risks associated with leverage in real estate investing, particularly the rate of bankruptcy among investors who use leverage.

On a $1m mortgage, 6% is a $5995 P&I payment.

I built a software called Areii that allows you to get property value estimates and rental rate estimates.

We should see rate cuts in 2025, so there should be relief on the way.

If I come across a flip where we could pull the majority of the money out, or keep only a reasonable amount in and the rents would cover the mortgage, I would consider it but I haven't really seen that here since the interest rates have been over 5%.