It seems to be a bit bigger and if you were able to do say a 203K loan on it, you could make it look pretty sweet!  

I drove down one of the first streets West of 75 the other week and saw two new construction there, that's going to be a sweet spot.

Is there an equity "sweet spot" where you maximize cash flow while retaining the most ownership?  

Does anyone have any insight or experience with this issue, and any tips on which insurance to choose for large groups of bachelorette parties, families, and random drunks in Wine Country?

In a sense it was to be our dream property at a sweet deal price lol.

Im just going to keep this short and sweet.

There is a sweet spot in 2-4 units that will cash flow, if modestly, especially if you wanted to do an owner-occupied scenario. 

From my experience it seems the sweet spots if you're not wanting to deal with the East side of town is NW Lubbock, homes south of 34th St. but west of University, and homes south of 50th but east of University.

Look for one that's been in business for a few years, because they'll have found that sweet spot of making money and leaving enough meat to keep repeat business.

My original credit facilities were to buy court house steps.. so we needed cash on the barrel head so we started with a 4 million dollar unsecured LOC.. we used that cash to buy then we got the appraisal etc and tapped our holding line which bounced between 6 and 8 million.. it was pretty sweet.. you talk about advantage at the court house steps.. walk up with a couple milske in cashiers checks.. and if I did not use them that day the money was never taken from my account and I was not charged for it.. this is what great banking relationships will do for you.. then in the melt down of 08 that bank was the only one of 5 I dealt with that kept my credit lines in tack but they shrunk dramatically of course..