With new and updated interior modern then all cabin type decore maintained.

The answer really varies by the property, but I like to maintain about 70% LTV, allowing adequate cashflow and a hedge against market dips.  

Your best bet is to make sure you are looking at deals through the lens of "I will buy properties at terms such that I can maintain the investment during a down economy."

One of the main concerns the seller has is how to guarantee that I will maintain the property.

@Tom OttI have a hard time believing this study since in raleigh, houses in the low 200k rent for $1,300 to 1,500. so I do not believe their numbers.

In conclusion, it seems as though reducing your living expenses first, and then focusing on increasing your active and passive income will most likely accelerate your journey the quickest while you maintain your full time jobs. 

It was a hobby and a lot of work maintaining it, but it was so much fun (and it was a great conversation starter too). 

The fallout rate for preapproved buyers is actually about 35% according to some academics studying Oakland CA.

I've read books and studied plenty but perhaps diving in with my first deal(s) is necessary.

Do you charge for monitoring and maintaining vacant units?