The main reason I ask is because that is significantly below primary residence mortgage rates let alone any investment loans, if you can get rates like that I might need to make some changes on my end hahahTo answer your original question, assuming all else is equal long-term fixed rate debt is valuable. 

Your lender can restrict your access to that credit for a number of reasons.

I know in Philadelphia if I had a 2 BR house it would be viewed favorably by tenants who are seeking 2 BR living situations because most inventory will be apartment style living and for this reason would achieve a rent premium.

Negotiating Price: What’s a reasonable offer given the current income and potential for more?

One of the reasons I joined BP this month is to participate in a weekly connect just like this, as I know how powerful they can be. 

Generally speaking there is a reason why Condo's are of larger size.

It seems you and your husband have the ability to make a property more desirable and I would try to stay local for the same reasons you listed. 

@Deborah Burian - maybe you devised this 'spam messaging ploy' for this reason or maybe you did not, but either way, a pretty remarkable way to get a personalized message from @Mindy Jensen!

I've made offers before of "hey, I cant pay you $260k for this property - the most I can pay is $210k given XXX reasons.

@John Lasher If you are still looking to spend $20k-$30K for a coach, I would be happy to take you up on that offer :) For full disclosure,  I will share with you precisely what you can learn online/ perhaps even entirely through these BiggerPockets Forums but that doesn't address the reason why most are still unable to purchase larger assets: creditworthiness and capital relationships.