Total Investment + Down payment of 69,000 + 20,000 of updates = $89,000.Hope this helps.  

A knowledgeable broker can help navigate these changes and find the right coverage for your property.

Wife worked at the time so that helped on first home. 

Focus on identifying promising neighborhoods in the north or east bay by leveraging your husband’s contractor network, local real estate agents, and online deal-finding platforms.

Most lending is based on cashflow, not the 2% rule (although still a good rule of thumb for some types of investments), might have the most help from the group if you provided some of those details here just so it'd be easier for us to help you best. 

I just wanted to share a few things to help educate newer investors! 

I am your Upstate NY expert/ connect to help you get started up here in the great ol' area of Upstate NY!

I am a Real Estate Broker myself who has helped over 400 other investors.

Thanks for any help.

This forum so far has helped me very much in learning.Thanks in advance  How,?