I'd weight the options of high EMD with an inspection contingency so my money isn't at risk, and low(er) EMD with no contingency and I could lose my money.

The limitation depends mainly on the price and weight of the vehicle.

And truth is it's far FAR more weighted on a person, the personality, vs any company organization or lack there of. 

A lot of times, these types of lifestyle choices will start limiting you down very quickly to specific areas, and since you are going to be living in the property, are likely to have a heavy weight on the neighborhoods.  

That seems like it should carry some weight, along with knowing the the traffic patterns of the booking cycle etc. 

But keep reading here and gradually it will become more clear. 

Last 4 years have been an anomaly so weight the pre 2019 data more than 2020-2024.

It's nice to have a property gradually become totally yours, but the tax structure does not support it. 

I am not planning on quitting my day job anytime soon but rather my hope is to gradually grow the amount of income I am able to bring in over the next 5 years to be in a position to make Real Estate my full time gig. 

You can then use this money to continue expanding your business.There are a number of ways that you can use financing to cover your construction costs for renovation, but it's important to weight the pros and cons of each.