My current salary supports my family comfortably (given that we live well below our means).

Homebuyers and renters can comfortably move all year.

The more comfortable you need to live, the worse the numbers will be. 

Note, if there are things discovered that put you over budget and the seller won't negotiate, be comfortable in backing out of a deal even if you lose your earnest money. 

But feel free to share more if you’re comfortable—happy to give some more insight.

Yes, so the amount I would be comfortable putting into a syndication right now would be roughly 10% of all my investments.

Use less of that and either get the seller to buy down your interest rate or you can do it and have a comfortable mortgage payment and still plenty left for your emergency fund.

Do NOT buy more house than you can comfortably buy for the sake of potential future revenue.    

With the funds you listed and property size you should be able to comfortably have 2 even 3 projects going at once (depending on what you're up for), especially after you sell the current house you are renovating.

If you can establish a solid network (even virtually at first), and maybe leverage your savings to buy a property with rehab in mind, the reward could be the path you're looking for to make those five-year goals a reality.Of course, the risks are there, but if you're comfortable and see the upside, it could be worth leaning into.If you need more insight into BRRRR execution or anything specific about market selection and building a remote team, feel free to ask.Hope that helps!