I could cover $200,000 and not dramatically impact my current life styleLiquidation Formula: (Total Assets / 2) - Total Debt =< $200,000Temporary Survival Option: Property vacancies are running 50%.

That can dramatically increase your holding costs.

Mainly because there is a shortage of LTRs and high demand for them so LTR rent prices have increased dramatically over the last couple years.

Dark roofs drive A/c cost up, but look very dramatic on some homes--like this one.Did you sell to people who will live there, or another investor(???)

Sooooo much to consider as you see, as you answers will change my answers dramatically. 

After that the increases slow dramatically, so capturing the exit sooner results in a higher IRR. 

Dropping below the 600 range increases risk dramatically.

Better clientele will be attracted to the neighborhood, you can raise your rents, and the building increases in value dramatically.

Sellers like to keep it below the line to boost NOI, but I factor it in when estimating my IRR.

I think once the bigger franchise fee is paid in full your income goes up dramatically.... 55k in real estate probably won't make you anywhere near what you could with a business that produces cash flow DAILY