why buy one at all.I have had many clients over the years that did not own cars but owned some pretty sweet real estateOne was a 160 acre timber tract I paid 2 million cash for.. 

Sounds like you got yourself a sweet deal.

@Chad BellangerGuesstimate the rest of your expenses and put them here for better analysis but on the surface this looks like a sweet deal.

I find the sweet spot currently is in duplexes and triplexes..

Sweet, now you're up to 60.5k. 

So you have lessened your risk when bad sh*t happens since you own it outright.But you have restricted your ability to expand, and scale because the $$ is all in your house....lower risk but lower returns......The "sweet spot" is to leverage enough to maximize your returns, but not enough that when bad stuff happens....and it will..... you don't collapse under all that leverage.

My partner is pleased with the numbers and projections (I figure if I can make it work with silver and bronze, then the gold will be that much more sweet).

The sweet little ol lady on the other end of the phone said that, "Nick is supposed to be there".I fully understand that Nick probably trained a bunch of people to do the seminars for him and most likely won't be there.I'll make a follow up post after the 1st seminar is over.

Line the bottom of the bucket in syrup (sweet, sticky stuff)4.

Quote from @Dennis L sweet: Hi, I am a builder from Ann Arbor Michigan.