When you are healthy in shape and your entire team is just fit, strong, athletic, you demand respect from everyone around you.

@Julie Hill If you still receive a sizeable cash flow that covers the expenses and gives a healthy NOI and rate-of-return, I say stay in your tolerance level.

- Just curious, does your calculator take into account property management, vacancy (at least 1 unit will probably always be vacant), and healthy maintenance costs?

I will also link a solid article that explains a healthy progression of asset protection strategy, so feed free to refer to that.Best of luck moving forward!

Healthy rental rates and low vacancies are common here.

I have enough cash for a healthy down payment, but a freelance income as a writer that's not "great on paper."

It's a great investing environment here, lots of activity and like all the others said the strong military presence keeps a healthy flow of buyers, sellers, and renters!

So if you look at a deal and see sponsor is co-investing, making their money on performance, and the general deal works and still Investors getting a Healthy IRR. 

@Jeff Sprunger,The VA does have strict guidelines with the major one being it has to be safe, healthy and livable condition.

If you don't own the lot free and clear, it's still possible to use the equity in it, if when purchasing it you have a healthy down payment, and the seller agrees to "subordinate to a construction loan", which gives the construction lender 1st position.