Ability to repay - can you as the borrower afford the payments based on the loan amount.Typically they will not take into consideration the mortgage on a new property that has not been taken out as that is new.

I am also a huge believer that with massive affordability issues in cities people will start to migrate to smaller towns that they can afford.

Have invested in ABQ with first purchase in 2020 - and that was based on my knowledge as a film/TV friendly area and affordability.

I can afford to invest in B properties with larger down payments but I guess it means I may be doing more like 2-3 deals per year than 3-4.  

Like most markets, there is a growing trend in the area due to affordability and increasing more things to do. 

Fortunately we are all afforded our own opionion

It's a stalemate due to affordability and either wages or prices give, I would bet the latter. 

I believe Paula Pant had a recent podcast episode on Afford Anything that featured a couple who lives in Japan and invests in the US.

I want to avoid falling into a mindset of thinking we can't afford to invest because of the needs in front of us.

@Brett Riemensniderwe don't know all the details, but as i said that's a very expensive way to buy property - if you can't afford a property without overleveraging then you might just have to save up more.