https://www.bizjournals.com/lo...Good to get some new builds in the area, but I wonder if the area will be able to support that much inventory. 

If you move the funds to a self directed ira or self directed checkbook ira and buy property with those funds, and you probably can do this, the laws are very confining how you can use or support that property.

ISO contractor referrals to replace main support beam under house with termite damage.

Top 2 current investment goals:1) Begin acquiring single family and/or small multifamily properties in a market that supports appreciating rent and a buy & hold strategy.

I completely support your decision, @Matthew Swearingen!

I'm more conservative in my approach but I'd say you at least need to have enough for the down payment, closing costs, etc. plus a healthy reserve so that you can cover a vacancy of a few months as well as the ability to cover the costs of any unexpected maintenance and/or capital expenditures.

@Cristin Rakestraw at Mynd Management, we strive to provide real estate investors with happy homes and healthy investments. 

You are in a healthy predicament with many options! 

Nothing supports property values dropping in the area at the moment.

This is my 3rd post on BP and I'm already loving the support everyone provides.