The Federal Reserve was established in 1913, while gold was unpegged from the dollar by Nixon in 1971.Figure 4: A graph of lengths of expansions and recessions made by me, from the data source of NBER. 

-Here is the source. 

You don't just pay the interest every month - unless you specifically opt for an interest only loan, but then you are missing the equity buildup which is a valuable source of return on your investment.Michael gave you the monthly payment on a 30 year loan.

This is what I would be living on as my major source of income.Rather than suspending/waiving rents for those tenants impacted by the COVID-19 crisis I recommend that New York state issue rent vouchers to cover the rent payments of those impacted.Here is a portion of the bill - Section 1.

SBA Disaster Assistance - for Sole proprietor (landlords) LLC S Corps 3.75% loans under 25k without collateral or 3.75% for + $25k loans with collateral (like your real estate)https://disasterloan.sba.gov/e...

You may be better served to look at your internal rate of return which is the sum of all those sources of revenue - noi, appreciation, debt pay down etc. 

Should you, me or anyone reading this start down the road of real estate investing (With an iron Will to see it through, even though it will only ever be a source of income and a necessary, although not particularly enjoyed venture?)

I was told by my bank that is offering tat they are encouraging Sole Proprietors as well. 

Most real estate friendly mail providers will have a minimum of around 200, some even less, but it takes a considerable amount more to source deals.

Hi wondering same thing as a sole-proprietor who owns multi-families.