run the numbers with different down payments and see what that looks and feels like.hope this helps

So if insurance guy calculate to build the house is costing me $300 PPSF.Then in that case I have to buy house that costs me around $300 PPSF.In other word, if cash-flow property got fire, then it doesn't make sense to rebuild that house in 2023, because we only have the land value then, there's no point to rebuild if the FMV still less than rebuild cost....It feels so strange.

Plus I wasn't married with kids, so I was comfortable taking the risk.I found that owning my primary residence as my first "deal" was a really great way to get into real estate.

I've also used GC's to complete full rehab jobs & depending on how much work a house needs and how comfortable I am with the rehab, often times I will sub out the work to different painters, handymen, electricians, plumbers, etc instead of using a GC.The more I do this the more comfortable I am managing the jobs myself and it often times saves me significant amounts of money on the rehab costs to just sub out the work vs using a GC for the full rehab.

Raj from your interest alone, I have a strong feeling you can be very successful as a RE investor.

If you plan on managing it yourself, you want to be close to monitor any improvements and get familiar and comfortable with the entire process.

We stopped in last 2021 to allow for a pause / stabilization and are now doing some build-to-rent.I feel this is, now, a harder market to get great cashflow, but we have seen good appreciation and good rent growth, so eventually more cashflow will come.Happy to meet up for a Diet Coke and chat. 

I've filed the eviction, they've been served with the paperwork, and now all that's left is for me to wait for the next steps and hope I filled everything out right (Denver county's process is making my head spin, and I'm having to do this without a lawyer because of cost) while in the meantime my tenant is otherwise just ignoring all my texts and notices and also (it feels like) acting like nothing has changed, still having people over for dinner, still walking in and out of my front door like no problem...leading up to this point I've had multiple informal conversations with this person about the toll their unpredictable behavior around payments has had on me.  

I feel tenants don't care as much.

Feel better Ray.