Also, just because you self-manage today, does not mean you will do so forever (you could become incapacitated for whatever reason) and they project property management fees due to that possibility.I'm not saying that's right, but that's how a lender thinks.

You never let a tenant move in until section 8 passes the inspection first.If you let them move in and then section 8 does not like something it can take forever to release the funds.There are 24 hour notice items to fix and then items they give you say 1 week to fix.You need to make sure the tenants voucher will cover most of the payment as they usually never can make up the difference.

It sounds like you are either starting out or starting out again, so my assumption is that your first property is not one you plan on living in forever.

It takes forever.

If you're looking for events, I will list a few below.  

A place to learn, grow, interact, build confidence, initiate action by doing 1st REI deal guided or unguided or as a result of proof shown by others that it can be done.The BP community has changed many lives forever, created several millionaires, made many friends, discovered business associates and anchored many REI deals.The many resources and archives of posts, podcasts, webinars, blogs, guides, books to name a few things that supply the fuel to this vibrant community can never be duplicated. 

My first purchase was a condo that I thought I'd live in forever....

Can't tell you how many renters I have who will be renting forever, but with a nice new car payment in my parking lot.I have a rental attached to my house.  

Your title implies to me the "system" of rolling over cash out refinancing, in reality that has several barriers and your ability to pay will become a factor as well as the number of loans as well as loan concentrations to one borrower that lenders will be concerned with, this isn't a go on forever strategy. 

It was on the market for 15 days.So I can't say that I'm seeing a slowdown.One thing I have noticed about Houston is that houses either sell really fast or they sit there forever.