It will all depend what you feel comfortable in terms of budgeting and the type of repairs needed.

For example, some areas SFH may exist but the clientele that move into them have to be comfortable with the neighborhood dynamic.

Depends who you ask and how secure you feel about your income On the one hand being debt free is great, but leverage allows us to build our wealth quicker.RE investors are notorious for being cash poor, so I would avoid thatIf youre able to comfortably save 100k a year and have enough reserves, I think buying leveraged properties is the best way to scale.You could kill two birds with one stone theoreticallyThey say paying an extra month a year towards principal saves you 7 years on a 30 year fixed mortgageUsing that logic you can add 2+ months a year on your primary, and buy 1 property a year and keep enough reserves. 

Get out of your comfort zone.

If you are just partnering on a deal by deal basis then one attorney that both parties feel comfortable with is probably sufficient.

Get out of your comfort zone.

Face the fear--get yourself in front of more sellers.Little by little, your presentations will become more comfortable, and your success rate will increase.  

In this completive market, it seems as though off-market deals is the only place to really find a "comfortable" position to be in (although completely aware that we are all in a risk filled area of investing). 

If you are comfortable with your structure that’s great!

So think about what's comfortable for you.