I think U left the OP with the idea that now he is experienced he could raise 3 mil in equity and only pay 6% total apr on those funds..   

It looks different, but it's all the same :)The OP is quoting factual research.

Seems like the OP is passing on properties that don't appear to have clean title and in reality, he can't determine if title is insurable.

To the OP - keep doing what you're doing, live by your own rules.

OP, call a local attorney.

Arv 120k.                      12% taxMortgage 56k.              8% maintenance Dp 18.75k.                   8% vacImprovements 10k.      28% op expAll in 30.25kCap rate 11.9Coc.        16.9Cash flow  427Rent 1,100Looks like I can get all my cash out on refi?

@Nathan PattersonOur experience with rooming houses has taught us things run best when you have a Den Mother resident in the property - this person enforces the rules, deals with tenant drama; ensures all roomers are respectful of one another and that they do their part to keep the common areas clean.This Den Mother/Superintendent must be someone you trust and can rely upon:  in the OPs example, he was the Den Mother.

@Wayne Brooks I've always enjoyed reading your posts, however you may have a typo and just to clarify for the OP, commercial property is 39 years straight line. 

To answer OP's question.

I guess one shouldn't be surprised, it is a bit like asking a home brewing club if one should be a teetotaler.I'm going to play devil's (or Ramsey's) advocate here (again).The fact that the OP is still complaining about school loans after 15 years of practicing is a red flag that he might not have control of his personal finances.