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Not if those properties put $8K into your pocket each month after tax. But in people's minds, what would need to happen for all my tenants to quit and us lose our jobs? That is end of the world stuff.

If you begin to talk in terms of buffers for armageddon type scenarios, I've probably got a 36 month one with redraw and cash with a current LVR in the mid 60's and the ability to go to 80. In all my time in PI the longest a property has remained vacant would have to be 3 weeks tops. But...

Agreed. We have $5M+ in loans and about a $100K buffer.

If I told friends and family how much my wife and I owe, we'd be carted off to the loony bin.