Definitely won't be doing anything risky with my first purchase.

And if risk is the biggest consideration then you'll be wanting to focus on quality of tenant more than quantity of tenant.  

It's way too risky for the lender not to have an experienced hand at the wheel.

I'd work that with them to get a lower than market interest rate as well so that you can cash flow higher.Also, sober living is more risky of a business.

Hey Biggerpockets fam, first time homebuyer here I would like some opinions on if buying a house at almost your max buying power is to risky. 

With my approach, I may want to come in around $1200 while offering as much or more than most other rentals.So, keep in mind market rent is also based on YOU and YOUR approach to pricing and how to develop the value-proposition you want to offer a tenant.  

Basically only NE Jackson has owner occ activity Sojac very little to none anymore all investors who are only going to pay for what ever the cash flow is and deduct for risk. I

If limiting risk is a priority for you, spreading your capital across multiple properties can diversify your investment and lower your exposure to one single property or market downturn.

However, with the market booming and prices high, I felt it was too risky to put all my chips on the table for a single property.

Our big risk is our tenants decide to buy a home and move.