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[quote=Anonymous][quote=Anonymous]OP, I agree with the PP.  You do not have enough saved/invested outside of realestate.  I assume your plan is to sell a property if you need money, but if something should happen with the housing market, you would be out of luck.

So you had these properties pre-foreign service.  What did you/your DH do before to have so much money?  Perhaps you are older and bought pre-boom.[/quote]

OP here, and the advice is sound. I will definitely talk it over with DH.

We bought three houses in 2000-2003 (using an equity line from one to pay for the down payment for the next, twice). We bought the other two in 2009 when the boom was dying down - we had saved enough for one down payment and bought the last as a primary residence with very little down. They have all appreciated which is nice but not something we planned for or counted on. As long as the tenants pay the mortgage each month, we will be happy with whatever they're worth when they're paid off. We subscribe to the "slow and steady" approach.

Thanks all for your guidance. I think it's really smart to think about diversifying.[/quote]

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