The only difficulty is it takes you longer to do in W2 job for first rental (provided you have a mortgage on primary) while doing it when you already have one rental with positive cashflow and just keep investing that profits in high yield brokerage account  >The only difficulty is it takes you longer to do in W2 job for first rental (provided you have a mortgage on primary) while doing it when you already have one rental with positive cashflow and just keep investing that profits in high yield brokerage account That is far from the only difficulty.  

It's been several years since I have used bigger pockets, even though I paid for it. We flipped several houses since last time I used it and when I originally started paying for the pro membership, we wanted to get in...

I own a home - my primary residence- in Seattle and plan on developing the back portion into couple/several units.  I will be able to subdivide the lot - back units will be condominiumized.   I will either sell all th...

Many people overbought, paid too much and counted on not losing a job or running into other financial difficulties.

( difficulty reselling the unit, and it has a small percentage risk on your health)I would like to know if the value of the condo will decrease overtime and your thoughts about the situation.

A claim is a claim regardless of the amount and would still reflect on your loss history leading to higher premiums or even difficulty finding insurance in the admitted market for the next 3-5 years. 

Post your offering here on Bigger Pockets in "Classifieds"I haven't had any particular difficulty, but there could be a couple of reasons 1.

I explain they will have difficulty renting a quality unit, that I will ding their credit, that I will attempt to garnish their future income to recover what they owe.

In addition to the difficulty this tenant is likely to present I’d wonder what else current owner hasn’t dealt with. 

Otherwise you can take the extra payment and make 4-5% with no work, basic investing.