What was your initial price threshold?

[Shawn S.]

On your early properties for buy and hold investors, was their a price range on properties you would look to where it seemed if you went lower the place was not quality enough and if you went higher the rent seemed to lessen from a percentage standpoint comparted to the property value? So far I've mostly shopped in the 40-70k range. A downside of going higher for me seems to be that the down payment of course is higher. But long term I'm wondering if I should allow that to be a factor.