I agree it is about paying your bills, but business health is also measured on the balance sheet.

Those are healthy rent bumps for the amount of capital you're investing. 

@Ed Gonzalez it’s best to put the least amount down provided the investment cash-flows with all expenses accounted for including Capex AND provided you have a healthy reserve account of at least 6 months worth of PITI payments but preferably a reserve account of $10k to ensure you can keep your property.

I do have a SEP that is pretty healthy for someone 32 years old.

You would then owe 160K on a 300K property still a healthy ratio.  

I have a rental property with a healthy amount of equity in it.

I am 20 years old and in a healthy position, no bills and nice savings to start with.

Also, this loan has limitations, which are that the property must be located in specific "healthy neighborhood- target blocks" .

If no significant damage and you have a healthy deposit more that one months rent like I get then I would just move, get rid of the rat problem and get the place rerented.

However, as I suspect the market may enter recession (I may be wrong), I want to take that factor into consideration in my planning (just in case things go sideways).I would like to come up with an investment strategy that not only generates a $4K/mo cashflow, but one that would be immune if the market went into recession within the next 5 years.