This tenant is very erratic and mentally unstable so we are careful how we deal with her.

That's going to net me about 75 to 90K, so that's a big boost to my Year 1 "revenue", even if no one rents the place!

In over ten years I had one issue with an applicant who was mentally a little on edge and felt she has been discriminated by the color of her skin, the fact that we rented to someone else of the same color was not good enough for her LOL - she complained, but it never went anywhere.Notice how this works so much better with single family properties than appartment buildings?

The post below has a link to it if you're curious:https://www.biggerpockets.com/forums/88/topics/693527It was my attempt to model the key financial incentives for REI, which members have mentioned above, like inflation protection, capital appreciation, tax benefits, equity build up, and of course the beauty of refinancing.If you’re familiar with project financing you’ll know as value of real capital appreciates regearing will boost returns quite significantly.

In doing this I was able to purchase a great starter property within 3 months of this mindset change by doing the following:1) Connecting with a local agent/investor who was able to set me up with an MLS search that could fuel properties to be analyze with BP calculators. 2) Working with local mortgage brokers to understand FHA owner occupant loans which combined with a state funded new-buyer assistance program (and negotiated seller paid closing costs) allowed me to close with only $2,000 out of pocket. 3) Ultimately close on a base-hit property with virtually no money out of pocket, source my first tenants, do some basic cosmetic work to boost rents, and gain a TON of relatively low risk knowledge that will better set my up for future BRRRR investing. 

Its all about the team protecting you and having a " client first " mentality. 70% of my biz comes from referrals, We simply do the right thing, ALWAYS. . 

The "allergic to debt" crowd simply thinks with a lower/middle class mentality, where debt is a constant scythe hanging over their head. 

I don't know about you but for us, we decided to hire property managers for each property immediately vs trying to add something else to our plate that potentially could save us money but is more of a hassle and costs mental bandwidth.

Not that I agree with that strategy but we both know there are contractors that use that mentality.  

For example, the housing provider may ask persons who are seeking a reasonable accommodation for an assistance animal that provides emotional support to provide documentation from a physician, psychiatrist, social worker, or other mental health professional that the animal provides emotional support that alleviates one or more of the identified symptoms or effects of an existing disability.