There are some on the site that do believe in paying down debt, or paying off homes to gain more ability to cashflow and leverage more.

The drawbacks of house hacking are the same as the drawbacks of almost every other wise financial decision, such as not buying new cars, not going into credit card debt, or investing in your 401k.

Hi @Jerry Shen - Welcome,As always on BP - you are getting some fantastic advice from posters (as well as a few fishing attempts- to be expected)Another option to consider is crowdfunding via a few of the top tier portals-  providing an easier way to diversify by  type (debt or equity), sector (MF, SFH, Apartments, retail, office, ground up developments etc),  amount and geographic location.

Another strong argument for inflation is that it helps debtors.  

In addition to answers:-- Income is when you consider money received as revenue-- Deposits received should be considered as a Other Current Liability-- Money paid out could be Expenses, Cost of Goods Sold, Fixed Asset, Other Asset, Other Current Asset, Other Current Liability, Long Term Liability or an Equity AccountIt all depends why you paid money, does it increase the value of your property, return a debt or .....Gita Faust

Someone can lend you the money and has a mortgage against the property as security for the loan (debt).

I was able to find out where my debtors worked through Facebook as they occasionally changed jobs and simply kept filing to garnish wages until I was made whole.As far as helping out future landlords, you've essentially already done it. 

If you are new the solution is not to willingly get in debt or fail out the gate before you start the race.

It depends on your ability to pay back debt or interest payments in a timely manner.

Wage garnishments usually require a judgment against the debtor first.