As long as the numbers work now and (potentially) when you move out, go for it.I purchased a house almost two years ago (my 4th) that was my highest ever (monthly and interest rate).

Edit: In particular, wanted to know about LTR potential and growth potential of the area in general.

hi jack..really appreciate your offer to help newbies. im in OC, CA as well. how can i get in touch with you on a potential deal - on market fixer.

Flipping has more potential liability than rentals.

In April, a new transfer tax on residential and commercial real property went into effect, potentially impacting hotel values.

That market has a certain level of requirement to "unlock" that full potential revenue stream. 

I invest in Michigan and regularly look at deals with potential returns of 10% or more.

The cash flow potential and the A class area of town!

Any potential cause of action (incident that can result in legal action) would happen at the property (which is in GA) and will go before the COurts of GA, therefore, you want to have that shielded, and contained, liability within the entity that is also located in GA. 

I had many ups and downs and faced significant losses in the past, but I finally figured out how to build up a portfolio with the most potential for growth.