It really will come down to what you and your wife are comfortable sacrificing. 

If you have already achieved financial freedom and want to spend your time doing activities that you want to do, then perhaps sacrificing that % to outsource makes sense.

You might just have to expect some renovation or sacrificing prime location if you want to stick to that budget.

So, I could easily advertise $50 higher and offer the discount without sacrificing interest in the property based on the advertised price.

What are you doing to increase occupancy without sacrificing income?

If you were to consider a place in and around center city, you will likely end up sacrificing cash flow.

Sounds like a sure thing.Most of us sacrificed for a time to build capital. 

, but in the long run when many of those people with massive labor paid mortgages and multiple labor paid car payments are working blindly forever to pay are looking at you saying "oh he must have gotten lucky somehow", youll know the real reason, that you sacrificed the shiny stuff and made your money work for you.  

It is VERY important not to violate the IRS rules here or you can face BIG penalties, up to sacrificing the whole of your IRA account balance. 

. $1500/mo isn't sacrificing nearly enough.