Consumers spend what they have, they kept spending, borrowed more.

I'm consuming as much information as I can about this market to make the best decision.

the quotes I am getting from a new insurer are significantly higher than what I was paying before.Fortunately my properties have great loans and my cash flow, while modest for the property value, is enough that I can live the life I want.  

This negative equity consumes the initial cash flow for years.The average rent for a1 BR apartment is $1500, but this is new, etc so we will use $1800/month.Using 50% rule (50% expense ratio), if there was no mortgage the cash flow would be $900.  

I have had to do it once- not cheap and very time consuming.

But converting a place to be ADA is crazy expensive, very time consuming, unless the property is rather new often exposes some other issues that need to be adjusted to make that ADA whatever happen. 

Try using a modest number like 2 to 3 percent so you do not talk yourself into something that is too risky.Having to put 20 percent down doesn’t mean you are off track.

While you finish college and get a job focus on building your credit, saving up money (hustling and working) and avoid consumer debt.

If values drop a more modest 12.5% HALF your equity is wiped out.  

It can be time consuming & tedious but it works for me & is a breeze come tax season or when we need to pull info quickly.