If we could cover our mortgage that would be ideal, but we could handle not getting any rent if it comes to that as we have some reserves.

So if he can match my record he will earn his fees, and if not he can explain why.

Ideal if I can fire him and not let him get the full commission.

But I will rebalance and get it ideal later in the year. 

I'd ideally like to buy and hold, but I do plan to evaluate my plan and the market once I'm done with the renovation in the next 3-6 months.

We'd like to build Patio homes with an average value of $250K that would match other homes 2-5 miles away that sell for as much as $300K+. 

Although some amount of cash flow would be obviously be ideal.

My intention is to have this initial seed investment be both a way to provide security for my new family, ideally security that requires little to no out-of-pocket expenses for us monthly, and eventually can cash flow upon our exodus.

If it’s close to 90, I feel better; if it’s 80 or below it’s a management issue or the local economy is not doing well.In an ideal situation, more than 50% of the units on a property are 2-bedroom or more.

ideally I would go with a SFH (as it appreciates better) but the price to enter is quite high in the prime areas.Thoughts?