@Philip Gephardt exactly invest to your risk tolerance.

It will all come down to your personal risk tolerance.

I also have a fairly high risk tolerance, but when I was actually awarded my first deal, then the fear kicked in along the lines of "what did I miss?"

Your risk tolerance is much greater than mine.Originally posted by @John Teachout:We don't insure properties that we acquire until we get a rental contract on them.

Best thing to do is pay for an hour with your attorney and go over entity structure, strategy and risk tolerance with them.  

It completely depends on what goals, risk tolerance, and what you want real estate to do for you.If you're looking for a new market, I'd consider the long term: is it an area that is showing growth (job projection growth, new industries, large employers moving in such as Amazon, Target, Tesla, etc.).

It really just depends on your confidence, personality type and risk tolerance.

This is all going to depend on your goals and risk tolerance.

There’s no one right decision for every investor since we all have different lifestyles, goals and risk tolerances.

Why should we tolerate being put in a loss position due to irresponsible tenants