I get the #s have to pencil but i'm asking PURELY from an area perspective, would you buy a rental home (get that some on there are focused on multifam) in this area?

/honda-35-billion-ev-battery...**](https://www.axios.com/...

(I am purely modeling this after the personal home we all ready built, 25% maybe a bit high considering you are doing it and having 20%, could be the difference in area).When it comes time to roll it into the mortgage I want to have a LTV of 60%, so I would bridge the gap between the 20%-25% and my target of 40% equityThanks for your comments!

Using the 50% rule as a quick shortcut, you will see that half of the gross monthly rent of $500 should be reserved purely for expenses.

My convictions are purely personal.

If history is any indication, you should conservatively get $500/month in additional cash-flow just purely from rent increases over 10 years.  

Don't say what you think, say what you know.. i hate it when people get emotional or talk too much, it's a real estate transaction.. pure and simple!

They think it's all just pure profit. 

This would allow me to quit my day job and focus purely on real estate.

You do not need to formalize one LLC per property, as that would certainly indeed be in efficient and a pure administrative nightmare.