@Carlitos, How you finance may dictate how much you have to put down. 

What you will find is that your needs and intended use will dictate what direction you choose.  

It is not dictated by your arbitrary budget.  

So I texted him today reminding him to move out in the end of April, he is saying that the builder is saying his house will be finished sometimes in May.My opinion: you've given up control of your property and let the tenants dictate what they are going to do.You have a written agreement?

Edit: I don't need to use your examples as you don't dictate what examples others can use or not.

The number of calls/deals I get will dictate how soon I double my mailings.

The bill requires the EPA to establish environmental standards for residences, meaning a federally dictated one-size-fits-all policy for greening every home in America.

The federal government won't REALLY get serious about immigration reform because the dirty little secret is big business wants and needs illegal immigrants for maximum profitablity and they reall have more to do with dictating government policy than the ameican people do.

In mid-valued areas, you can get a mix of income and some appreciation.Your long-term strategy will dictate which market you should focus on.

I do know that on any deal there is a fair range where there is an equilibrium between buyer and seller dictated by the current market.