Adjust your budgetIt will be important to look at your finances and determine the maximum amount you can spend on your mortgage payment.Factor in the higher cost of living as you look over your monthly budget.

So there is a balance between using your cash, taking on debt and increasing your adjusted gross income. 

@Ryan Lykes real estate is money intensive.

@Tyler Rowley Happy to help: 30yr = 30yr amortizing fixed rate loan (ie. a normal conventional loan or a commercial loan to mirror those terms)5/1 = 5yr adjustable rate mortgage. 

Apply geographic/neighborhood value adjustments if necessary. 

So numbers  are now re-adjusted.

It looks like I definitely need to make some adjustments for capex. 

AUM does not equate to assets owned and I would be hesitant to invest with someone trying to run two large (syndication fund and management company), time intensive businesses, at once. 

Sucks that you can't access your equity, but it looks like you've levered it about as far as it will go for a while, so you'll need to adjust in the meantime unless there's a piece of the puzzle I'm not getting. 

just be careful with Fair housing and ada rights with pets. once you know the laws you can adjust your pet policy and deposits and prices based on the demand for your rental unit.. for instance, if you dont want pets but you have several people looking to rent your unit and one of the applicants is claiming pet as service, thats fine but weve had people threaten to sue for rights if we didnt pick them.. thats not cool. so what we did is dramatically raised the deposit on the pet where they couldnt afford it, now its not that we dont want to pick you its that you cant afford it..