That is a fine approach and is more conservative.However, for my preferences, I would focus on optimizing debt for cash flow.

Key Points from the Article:Our very own @DavidMeyer, our housing market expert, and host of the BiggerPockets Real Estate Show believes home flipping and BRRRR are due for a comeback.Reasons for optimism:1.

IMO the optimal count is 10-12 for most 3/2. 

While it’s true that getting a second conventional loan immediately can be challenging, especially if you’re looking to maintain optimal financing terms, it’s not impossible.

Now obviously those don’t tend to be the same, but it does mean that when I’m looking to optimize my returns I care about the overall cost of the financing, not the source.I monitor my overall debt to equity ratio to make sure I don’t end up over leveraged.

He knows the areas that you can legally air bnb, what specifically the property is going to need to maximize bookings/ROI, and has the property management contacts to optimize the ROI. 

I’m currently facing a similar situation and realized that I wasn’t using the right resources or consistently marketing to a single, optimized list.

It's a magnet for both tourists and business travelers.Brickell: A luxurious enclave known for attracting affluent visitors and business travelers.Midtown: A vibrant, upcoming area appealing to younger travelers seeking a mix of local culture, shopping, and dining.Given your budget and the goal of purchasing two condos, investing in a combination of these areas could optimize both appreciation and rental income.

Id love to get a few more properties under my belt before the next recession so that I have my processes optimized and ready to roll when the deals come available.  

Where if they were using those funds to dollar cost average in marketable securities, they could keep 100% of that capital deployed and be asset allocated optimally based upon their retirement horizon.