The properties were under your name, BUT it does not belongs to you yet,
unless you are able to finish service the mortgage. Any hiccups in loan payment,
banks will tarik and put it for sale at good discount rate..
Many of my friends/relatives only dare to say the property belongs to them after completed the loans.
Otherwise, any credit / financial crisis like 2008 happens in the future, are you able to serve 3 properties above?
Not all properties are able to collect rental or have tenants during "bad economy" .. CASH is King during crisis time.