It will likely depend more on the property's debt service coverage ratio than on an arbitrary percentage. 

Hey there!I am new to BiggerPockets and I am really interested in getting involved in real estate after I graduate from college this fall. I have roughly $27,000 in retirement and stocks that I have been investing (I ...

I currently own a home (225K) and make approximately 85k a year with no other debt.

ATTY ROLLIE HANSON/TAMMY STINGL-LEGAL ASST HYNDIUK LAW/ISR TITLE JON HYNDIUK GREENBERG LAW OFFICE BRYAN WARD SAYAS, SCHMUKI & PLUM SC MICHAEL PLUMB/ROB SAYAS ATTY JOHN SAYAS KRUG & RENS LLC ATTY TAYLOR RENS

Look closely at the lake house numbers, in my STR experience, the start up and ongoing costs were higher than expected to maintain quality.The question of acquiring more investment property or paying down debt is definitely a personal choice, and depends on your current income and other factors.

Should I pay the debt I incurred or use that equity to purchase another home.

How much are you planning to borrow and will the new actual income adequately service that debt.

My worry here is the long amount of time I'd have to carry this extra debt, and that it might sour an otherwise good deal with this payment on top of a commercial loan. 

I have significant investment capital and a couple of single family properties that I own free and clear. Now what? I've made some investments in a rush and on impulse in the past that didn't work out so well. Vowing ...

I just have nothing to compare it to yet for a reference that holds water legally in FL.