Nice deal.The advantages of buying three cheaper properties instead would be better buffer against vacancies, diversification, more opportunities for pulling equity out, etc.I think you are fine doing it either way.

Just an investment diversification strategy and side interest.

As I've said before, for me personally, I very much enjoy my full time job and this is just a hobby and investment diversification strategy.

You want to have both a checking and savings account open, (though the balances have no bearing)Other than diversification and organization... time and punctuality will increase your score...

Dubai’s relative autonomy will come to an abrupt end.†The emirate’s push into luxury property developments and tourist attractions was diversification on “paper sand,†said Davidson, a professor of Middle Eastern affairs at Durham University in the U.K. ‘Nasty Downturn’ Real-estate prices may drop 20 percent or more, analysts at EFG-Hermes Holding SAE, the biggest publicly traded investment bank in Egypt, said in a report this week.

It provides diversification.

We are looking to start small in the $3-$4M initial start, eventually hoping to be around the $10M mark.Our goal is to scarf up as many good investment properties right now in a long term/short term diversification.

#3 is probably the point that causes more people to get into trouble, IMO...and the commentary I have been observing really seams to be focused on #10 and #11 diversification and investing what you can afford.

A little insight @Brandon Williams, Shorewest pulls data from the MLS's IDX feature, the most up to date data for non Realtors is Realtor.com.3&4 units tend to be in high demand for the casual investor, the debt level is not terrifying, and most owner own maybe 1 or 2 properties, as a diversification play in their retirement strategy, this makes them highly desirable, and pushes the price up.

Properties must cash flow from day 1Overall goal is diversification of income, enough to where rental income could potentially replace W2 income in the far future (we aren't looking to quit our day jobs, and for that reason this will need to be mostly passive in nature).