So I don’t to stretch ourselves to thin.

The 4bd/3ba may be a stretch at $4500, but it's 1500 sq ft and has a nice rooftop deck with views out toward the ocean.

Naturally I am feeling a little overwhelmed going into this as I obviously do not make enough money to afford this place on my own, and will be incredibly thin stretched in the first couple of years.

I will be honest that in retrospect I wish I kept more detailed records of work we did- I/we would generally travel for 3-7 day stretches doing anywhere from 6-12 hours of work daily but mostly only logged what activities I worked on w/ each trip and not the hours specifically.

And the opinion of a third lawyer will contradict both the first and the second one.Solution: find ONE lawyer who you like and trust (trusting an attorney is a stretch, I know) - and subscribe to that attorney's religion on asset protection.

Four will be a stretch.

For me, to deal with 3 tenants, for only $100/mo pos cash flow, that would be a stretch, but if your motivated, then that is up to you.  

I'm sure it depends where you invest but in my experience I'd rather stretch a little further in distance then adjust for differences.  

Most important, over leveraging and stretching yourself too far financially is what most often leads to selling at the worst possible time or getting foreclosed on.

So I am considering it to stretch my dollar and create some better cash flow than what I am finding here.