First Loan in 2014! Tips?

[Jason Merchey]

I am going to get into a 30 year fixed loan at about 4.5%, 20-30% down, median price, SFD, 3-4 beds, garage, etc. I have two properties and own them both free and clear, so I don't really know the terrain as far as taking on a loan, cash flowing while using leverage, etc. Tips? For example, would the median house price be a good range if I am considering the rentability (e/g. a down market or a financial crash of some sort)? Is flowing at $200 a month acceptable? Any other tips on how to buy a house that will rent well and be a smart bet?