David Edwards most conservative investments offer 15-20% IRR or 70-100% return for 5 years.

The conservative approach is not to proceed since you already put down non retirement account funds.

-make sure you have your numbers down (when evaluating cash flow and be super conservative)-nail down location and figure out if you want to do buy and hold/ flip / etc. multi family vs single family etcGood luck!!!

Finding good Multi-Family deals (100+ units) which average 16-20% IRR when underwritten conservatively is very hard. 

You take out a very conservative 50% loan on each property at 5% interest. 

This is conservative for me, but for the principal amount you're looking to finance this is about right. 

I think it depends on where you want to end up.. but Not using ARV is quite conservative and probably means they don't really want to do those deals..

Just be conservative with your estimates and keep asking folks here what your unsure of.

This was somewhat in 'story format' going all the way back to my grandfather investing in the 70s in the silicon valley up to the fact we have managed our own businesses for 2 decades, and our past experience with rentals, pictures of our current places (we take very good care of them) including things like the fact that our vacancy runs less than 2% but we still figure 5% into our projections to be conservative. 

Actually, I calculate everything very conservatively, and I only pursue something if I think I can get it below market value.