"UT,do you seriously think in 5 years your renters will pay you that much more."
Not asking any more than increases inline with inflation - which is not so bad assuming their incomes also increase in line with inflation.
"UT,I see you havent included the interest you would have payed over the 5 to 10 year timeframe."
Yes I have @ $150k you will be out of pocket a few thou a year but it will be made up over the long run.
"Anyway,at the end of the day if your happy with your strategy goodluck to you.I do love the bit about you living in those proerties though.I wonder if you'd increase the security if you had to move in,lol"
No need to the properties have never been broken into as long as they have been tenanted to date.