I searched for homes based on the mortgage I could afford.

We don't have any significant storms, floods, earthquake, wild fire or hurricane risks, which keeps insurance cost affordable.

The problem is you can't afford to properly make repairs when you are dealing with the lower tier properties and go with the cheapest bids doing nothing but putting duct tape on issues that will become recurring or believing you are making the repairs correctly but use inferior labor and materials because its all the property can absorb cost wise.  

I worked nonstop for 7-8 years building up my business but now the money has afforded me the lifestyle and freedom that is absolutely worth it.

I want to know that the cosigner can afford the rent on their own if the tenant fails.

Diversifying geographically can also reduce risk and increase long-term returns.For example, there are several markets across the U.S. that are ideal for new investors because they offer affordable entry points, reliable cash flow, and strong economic fundamentals.

I searched for homes based on the mortgage I could afford.

You'll need at least 125-150 doors to make a decent living, but you won't be able to afford much help. 

He's the guy who shared my interested and connected us, he wouldn't recommend him as a seller if he had bad experiences with his other properties.I did ask about other properties and he shared about a duplex for $200k, but I wouldn't be able to afford the down payment needed.He acknowledged the rent is low compared to the market and never mentioned that it's his "best" property.1) Agree, but if he's been a good tenant is that necessarily a problem?

Quote from @Lorraine Hadden: I have client who are try to wait for interest rates to come down rather than buying what they can afford for the best rate and hold.