another cash flow question

[Stephen Leblanc]

I have 2 questions here. I am trying to buy rental properties as fast as I can afford to. I have 3 already with not much equity in each. I am pre-approved for another 110,000 on a new building which I have yet to find. Question one: Should I be concerned with the level of debt I am accumulating, even though it is good debt. As long as the cash flow is good, is everything else irrelevant regarding the mtg.

Question two: how much excess cash would you keep on hand for each rental, to feel comfortable enough ie stable enough, to purchase a new property.

I hope I made my question clear.

thanks for the help

Steve