You'll have to decide what risk tolerance you are comfortable with and how readily available other sources of cash are if you really needed it in a pinch.I close in 2 weeks on a duplex that has been redone in the past 5 years but the home itself is 100 years old... still not sure how I'm going to play the cash flow as I'd REALLY like to be aggressive for the next 5 years while prices are down and money is cheap.

We (my wife) and I have a substantial traditional IRA available that we could possibly roll into a solo 401k and obtain a loan, but she’s not a fan of that scenario….”we’re not touching that” was her response!

I do, so I hope the tenants are ready for my more meticulous system.On top of all of that, I will occupy whichever unit is available first, so if I evict I'll be moving in.On another note, the current leases are horrible, so I'm going to ask each unit to agree to a new lease.

If you can find a good family to rent it to, they will usually stay for quite awhile since it is a pain to move so much stuff and there are not usually a lot of rentals available with that many rooms.

If you have a web site, you may want to have your policies publicly available.

A bigger hit to your score might come from % of outstanding balance to available credit.No one knows the exact ratio that gives the highest score.

You have first hand knowledge of the properties that will come available plus their condition.

Just remember that a 1031 exchange is not available if you are flipping the properties.

Anything & everything you want to learn about is available for your perusal and use.

For one thing, the insurance numbers are usually based on the seller's rates, not the buyer's, which are generally around twice as much b/c the buyer owns too few properties to get the commercial discounts available to larger owners.