Somewhere in the middle is likely your best bet for a 20 year timeline.I have almost 50 units here myself and that's about what my portfolio is cash flowing at this point combined LTV is around 65% as loans have gotten paid down and values have went up.

This is a question that has come up a million times and will continue coming up forever in Chicago unless eventually things change one way or another.

No offense meant by this...

@Scott Trench Also had an incredible post on what this administrations proposed policy's implications could be for real estate investors.  

Quote from @Josh Deschene: Hello All,This is my first post and I will try to summarize as clearly as possible.

@Landon Sheveland How exciting that you and your wife are taking this first step in Real Estate! 

This can save months of headache in MA trying to evict 

I deal with a number of CA investors that take this same approach. 

For a new investor, events like this are a goldmine.

This all depends on the property.