Tax exposure, risk tolerance, investment timeline, investment objectives, and diversification are all critical components that should determine the way you utilize your funds and equity.

We would set up a phone consultation to find out exactly what you were looking for, including budget, risk tolerance, goals, etc.  

But if you can talk to your lenders about their tolerance on business accounts, then it would be easy to access the HELOC for your downpayment. 

You can never tolerate any late payments otherwise the e whole thing will quickly come unravelled.

I also have very limited tolerance for "sweating the small s**t"4) your activities here on BP, as well as your REI are completely voluntary.  

Understand your personality and your risk tolerance, then decide if any investment strategy fits your personality.For your example, I would add vacancy (8% ~ 1 month per year) to do the calculation. 

@Andrew Michaud lot's of great advice above so let me just echo a bit.Make sure your financials are correct on the first property and projections on the new one.ALWAYS keep reserves for potential issues.Use seller financing when you can as long as the property still performs.Nothing wrong with growing quickly if you have opportunities and the risk -tolerance.

Its up to your risk tolerance and experience.2.

Keith, I will probably go against the advice of most here and give you a different perspective.In my opinion, little of the advice you are receiving is taking into account the most important factor: your risk tolerance.

The eviction went through without any hangups, Judge was up to speed and had zero tolerance.