I recall a specific framework of business start up along the lines of starting with yourself, then adding an Admin, then an Ops, and then other support functions after that. 

Good luck trying to get the tenants to absorb some of the costs.It was on me not knowing that the market did not support a sort of bill back for the asset that I owned.Commercial brokers and property management companies in the area can also help you

It just shows economic illiteracy and a commitment to buying votes rather than supporting rational policy.

But either way, beyond the cutting edge and there to support people who need to sell regardless. 

There is No rents to see if it will support itself after the refinance, so its tough to speculate on ROI/cash flow on a long term investment.

They are not my friends or family and therefore it should not be my responsibility to support them.  

I see this with the crowd funders that grew too quick ( realty shares comes to mind)  and did not have enough support staff to communicate with their investors and that leads to internet chatter most of it not good and it can spiral out of control..

This is somewhat a loose metric for our current business model. 25% is just a arbitrary number with no science or data to support it.

If it can support itself as a rental you should be in good shape. 

On the other hand, leverage could allow me to acquire multiple properties faster.Considering my circumstances (unknown target market, family support in Fort Wayne, long-term goals), what approach would you recommend?