we are a family of 5 (2 adults, 3 children) all healthy.

@Chris Majors If I was local and planned on living near by for awhile I would as long as I had a few questions answered1: Septic: How many years left in the systems and can you replace them when they go or have the standards changed and the soil won't perc/ you've run out of room?

Assuming it's not one on going nightmare and I like the work the way I imagine I might, I have another financial event in 4 years that will leave me with a healthy chunk of of capital to make a bigger move.  

There is no sacrifice in doing #1 and not #2...the sacrifice comes when you do the opposite.We often talk about wanting more time with friends and family, or being more healthy, or more charitable, or having financial freedom, or whatever we say we want and then we make daily decisions that are completely disconnected from these goals. 

The violations are:1) 2004, $3,000 Code 157017 - Repair or replace defective soil pipe. 

Not a sign of a healthy country

Always check and get your own numbers, what you see on Zillow etc is often wrong.And contrary to others here I see nothing wrong with a healthy down payment on your first property; as you become more confident your views will change.

It builds a healthy respect for the job as well as makes you realize when you are being played by a not so honest contractor. 

Jacksonville has been a good market, and still looks poised for healthy appreciation. 

We look at this metrics (among others) as fundamentals that very much so indicate a healthy market (healthy location) where not only there will be high demand for rental units but renters will actually be able to pay rent and even pay a premium for more modern (or renovated) units, giving us the opportunity to add value to our properties that way.I hope this helps.