Mortgage brokers can become a middle men and a filter, slow down decisions and communication, pick a loan that pays more commission - I have had mixed results.

There are a number of great articles here on BP regarding this decision making process.

Jaik has a good point, talk to a lender and see if what you can get per-qualified that will help you a lot in your decision making.

You want an accountant that can help you strategize and who is responsive when you want to know the tax consequences of the decisions you are making throughout the year.Good luck and let me know if you have any questions.

In summary, I would not make a purchase decision solely on cash flow unless it was in a different league than you example.  

@Gabriel Lopez Making the decision to invest is the first step!

Since I can't control the world around me, I'd rather focus on making best decisions I can about what I can control, so that when something hairy does pop up, I have a solid foundation from which to respond. 

Like the stove above, when we made that decision she defended it with the tenant.

Hi Christopher- congratulations on making a decision on getting started in real estate investing.

The decision isn't so clear cut, however, and strategizing is key in this situation.Another thing that came into play is the possibility to defer payroll taxes for a while, even if you got the PPP.