I would check with your accountant on the tax forms...that's outside my comfort zone

I'm very comfortable with my HML, as we have a relationship at this point that streamlines my funding process, and until I can come up with a lender who will close in 10-12 days on any property I find with a 65% ARV, at less than 14%, I am probably just going to stick with this lender.

I think I would be comfortable and financially stable in either scenario so it may come down to which deal I find first.

What I did was very similar to what your wife feels comfortable with except the last part.

Or you can let the current lease ride if you are comfortable with the terms.Good luck and congrats on the purchase,Kevin

It is most likely what you feel comfortable with and you can assume your net will grow over time.

Originally, I saw an opportunity to become a "straw buyer" and purchase a small house under rent to own contract until they could buy it off me, but my dad just didn't feel comfortable having his son responsible for his home and that I couldn't afford one of their needs anyways in the area even after I suggested selling my Cobra to fund the down payment - but then he felt guilty about me sacrificing my car.

Multiple offers and making buyers understand this is not 2009 when you could look at 20 houses low ball a few and the buyer was in the drivers seat..Keep up the good work...

Do you guys always figure 20% or whatever your comfortable with?

Yeah like Brandon said pivot slightly, unless you are comfortable with another strategy as well and decide to make that a bigger part of your strategy.I invest in Orlando and there's a rise in prices there as well.