From there you'll know what the job cost range should be within reason. 

Hi Robert,Cap range values tend to change by price point. 3 million and below you have lots of all cash or exchange buyers and some debt used. 4 million and up it flips with mostly debt used by buyers and some all cash.

Institutional niche lending ranges between dead and dying at the moment.

I would wait and see man, however first time home buyers USUALLY in Sac are looking in the under 350k range.

I used the $1500-$2500 range that the calculator said is pretty typical.Thanks for the help,Pete

My price range is from $300k-$450k.

I put down 20-25% and try to hit a rent range of 1350-1450.

As it sits buying the house seems like a good move as it would decrease our monthly living expense despite it being a very expensive first home (part of why I’m asking for guidance) and also has some value add potential.The Numbers:Mortgage: $2450-$2787 (based on 480K-550K range@ 4.5%)Taxes and Insurance: $700-$800/mo. ($1500/yr. ins.

We charge a flat $125/mo too but most of our clients have SFRs in the $1,300-$1,500/mo rent range. 

I am still doing loans for rentals with LTV's in the 75% range depending on area.