The premium expense is based on your age and health status - the young and healthy individuals will have lower premiums compared to older individuals with health conditions (i.e - diabetes, hypertension, etc) for the same 1 million dollar policy.

Buy below market now and make sure you have a healthy cash flow margin and you should be ok imo

Thank you for your feedback in advance , be safe and healthy.  

I was recently stationed in Japan while active duty and throughout my last deployment I committed myself to listening and reading as much as I can on self development, long distance real estate, healthy marriage, and overall life success achievement.

But don't worry...plenty of people have lived long, healthy, exciting, fulfilled lives on far, far less than $10K / month. 

Apart from these percentages, healthy cash flow (i.e. income at least 1.5x monthly expenses) and the wiggle room to afford a visit from a handyman or a vacancy here and there are both soft metrics that I would focus on. 

. #1 takes priority.3) Hold healthy reserves for both.

Did you have a hard time maintaining a healthy relationship with your friends while being their landlord?

Sustainable and natural increases in tax and growth are far more healthy in the longer term. 

And since the borrowed money is fixed, and assuming healthy and stable occupancy is possible, the cash flow performance can mostly be influenced only by raising rents ahead of rising operating costs over the years.So...