However it would be up the the individual lending institutions policy on whether or not they will require 25% or not, is that correct?

What would be the ROI that you're aiming for?

Or would it be a better idea to wait a while, that way we can aim for a smooth transition when we take ownership.I will likely be posting again in the weeks to come in order to pick your brains!

are you referring to the lender's title policy or actual homeowners insurance?

I believe so strongly in this that I have actually decided not to pursue an MBA at this time.Consider the time and money required to get an MBA, along with the fact that the coursework is really aimed to molding students into useful gears to fit inside large businesses. 

Hi Kevin,Personally, if you are just starting up and don't have sizable assets to protect, an umbrella policy would suffice.

Interesting...so if you make 17k/month you should aim for 5k/ month to be financially independent?

We will aim for 4/1 but if it takes a bit longer to get a good tenant, that is fine too.The rental market is tight on anything under $1000.  

Obviously I'm in Calif, but I've found Farmers to provide a good Landlord Policy and a reasonable rate - - it comes WITH liability insurance.

I know you have to climb, I believe in aiming high and that if I fully apply myself I can achieve the hardest of tasks!