Most investors I work with like to stretch out the loan term to maximize cash flow, but if youre concerned with paying more in interest (even though your tenants will essentially be paying the interest) you could certainly look at a shorter loan term, as long as it doesnt cause the property not to cash flow.

In CA 100 would be nothing but in MS that dollar could stretch further so what managers will work for varies.

Originally posted by @Scott Mac:Get a job, because $200k will run out real quick.That will depend on your life style. 200k can stretch a long way,

That could delay closing to 60 days which is a stretch for some sellers.

Now with both our incomes we wouldn't be stretched thin between the house we live in and this one but it does take away from money we could invest in future properties.

My wife also isn't full onboard as she's very risk averse and she's worried that if the property needs work or is far away my time will be stretched even further which isn't great for the family. 

For a decent turnkey, you'll need a minimum of $25k ($20k on a major stretch), as it will be 20% down for the loan plus closing costs.

Hello,This question is probably a stretch.

Too stretched out and traffic felt like NoVA area traffic with a bit more of an aggressive edge.  

I meditate, review goals, journal, read and stretch during the hour and it really focuses and prepares me for the day ahead.