I was (and still am to some degree) in the situation as you Dave.

This gives you the ability to shift the Property Management work to another company without screwing up your cash flow completely.Change your mortgage to a 30 year loan. 

Holding on to false beliefs is even more damaging.I would argue that self reflection and the ability to change our mindset extremely important.

And what if mortgage underwriting guidelines tighten up (they already have, to some degree) and call for additional reserves and a higher credit score?

Feature request- ability to edit a post!

I come here from the BP podcast- I am currently living in Asheville NC but moved here from Minneapolis MN after playing for the University of Minnesota Golden Gopher Baseball team and graduating with a business degree.

Then you can retarget those.One guy I know has started using the boost button with some degree of success - look up Fritz Joseph on YouTube.

Then as your experience and reputation grows, moving into an REI when you are able, will demonstrate your abilities and show everyone you can be taken seriously.Good luck!

Their ability and motivation to lend will vary by the economic environment, the cash position of the bank and their management. 

I like to learn as much as possible before I jump into something, hence my Chemical Engineering degree from Texas A&M University (Sorry, I had to throw that in there some way.).