Media amplification of the potency of so called "Renters Advocates" calling for rent strikes is probably either Fake News hoping that gullible people will try doing this, or greatly overblown.When the so-called "Renter Advocate's" lease comes up for renewal what do you think the result will be.I understand the working poor, and losing their housing situation is a rough road for these people.

Going slower allows you to minimize any mistakes and learn without losing money.

You are actually losing money to self employment taxes and regular income taxes.

Less money you risk losing. 

There's not enough equity to be worthwhile in a lawsuit.If you get sued, the LLC will protect you from losing your personal assets, but ultimately you would still lose the house within the LLC if you lost the case.With an umbrella policy if you lose the lawsuit, you keep the house and the insurance simply pays up. 

@Austin KelpisYou’ll be fine, there is no losing in your first purchase.

This is working with a business instead of a person is a new situation to me, but I rent my home out every summer when I work out of state to regular applicants...I don't want to lose my downstairs tenant that is a great tenant which is a concern as well due to noise from dog etc..I don't rent to applicants with dogs, usually....Guidance please??

gotta be tough losing her bf. 

They also want almost 12 months reserves CAM and rent averages to feel secure the owner can work through COVID going away and possibly returning again in the fall.Lenders with STNL investment grade tenants with essential businesses the lenders are not imposing those reserves and still giving great rates with minimal down.So the retail centers now for us to consider buying the cap rate has to be REALLY HIGH for dealing with that otherwise you lose one tenant and fill another one up and do a lot of treading water for not much extra additional yield.

Then to read the loan docs for the type of loan you intend to get, so you know the personal financial requirements.Realize you will also need some kind of cash reserves to handle pop up problems so you don't lose renters, and will also have to have some cash to pay for any needed evictions.