I think that's healthy.

For me it was a natural progression of being a high producing real estate broker.. this allowed me to network with developers who hired me to sell their product.. once in the club. you run with them.. then as you gain capital ( and make no mistake this is the most capital intensive business out there you grow into it.. at least that's how I did it.. and I am really just a small fish.. as my deals have all been for myself or just a few select capital partners..

Designing logos and starting LLC's doesn't produce cash flow.

Valuation is very subjective and the same data could produce valuations that are 20-30% apart.

Our daughter struggled with health problems initially but now healthy.

I will always leverage in order to increase overall cash flow even though it decreases the cash flow from the leveraged property.That said, this strategy only works if / when you can leverage and still produce cash flow.You only have three options in your case:1.

As long as you are producing good cash flow, you are fine, market up or down.The whole corridor up the lake from Mequon to Port Washington is becoming more and more popular.

As noted by the others, this a strong cash-flowing market where healthy returns can be achieved.  

Well, was the $3,900 property taxes included in your assessment which produces $1,300-$1,400 cash flow?

Hi Derek,Cashflow positive real estate will help your ability to qualify for a primary residence mortgage, not hinder, assuming an REI-friendly lender, and that you maintain adequate PITI reserves (if you have healthy retirement accounts, that'll typically do it).