Yes, if you are confident in your numbers....particularly the repair/reno numbers. $20k is not much and will be eaten up real quick.

My front is similar with packages delivered most days and being very confident if delivered to the front door that they are very secure.  

Keep researching, asking questions, and connecting with experienced investors here—you’re in the right place to build your knowledge and confidence.

I used tools like BiggerPockets to analyze deals weekly, and building a reliable team and networking with experienced investors helped me gain confidence.

If it's tight or you're uncomfortable with the tenant you have in there from a confidence perspective, especially if this is a first deal, maybe meet in the middle and get a lender at 75% or 77% (doesn't HAVE to be at 5% increments) that wont make you season, and leave a bit more money in the deal, but sleep better.Overall, if I cash flow well, have/keep reserves, and am comfortable I fixed everything in the house, I like to max out the LTV on refi.

I think it takes time for certain people to become comfortable and confident in what they're doing before real performance will show.  

Having cash reserves gave me the confidence to move quickly on a great deal without losing sleep over unexpected expenses.

I feel confident after you do your first deal you'll be kicking yourself for not doing it sooner.

If you can confidently do a better job, it becomes an easy convo. 

@Abel Curielthis is so beyond and more than helpful. it's been a tough gig to start, but this really simplifies it and brings me confidence.