Often first-time investors will spend months analyzing deals and strategizing, only to find that their purchasing power isn't sufficient to achieve their goals.

This will keep housing quantity in line.Also don’t forget you have amazon coming which will bring more jobs.Will the market have ups and downs - yes but long term this is a safer investment than other markets IMHO

Because, ( assuming we’re talking about investment property), the property will still have to generate sufficient net income to make the payments on the additional financing; your debt and income ratios will have to be below a certain threshold; and you credit score will need to be satisfactory.

@Terri Jiles - For a CRM, if your intention is to manage potential property deals, Pipedrive is probably a good combo of sufficient, simple features and inexpensive pricing.

With those changes made to the second policy (re-adding Landlord Personal Injury), do you feel we're sufficiently covered at a decent premium (around $1232)?

To me, this is very affordable and when you consider that it will cash flow between $600-$1000 after I move out, it becomes a self sufficient investment with a lot of equity. my plan would be the hold the property indefinitely and cash-out refinance it every 10-15 years (maybe even sooner for the first one since I am buying it for such a discount). 

Based on your post you do not have that knowledge so the Disclosure should be sufficient for tenants. 

Most important to me is that income is regular, sufficient, legal, and verifiable.

How did you come to the 2400 SF quantity?

I thought giving him half or allowing him to keep the 48k from the refi would be sufficient.