Well you can speak with your lender to see what you can afford for that payment, make sure you are including taxes, insurance, HOA.

Know how much you can afford.

Hi Ryan,It might help if you were more specific.Such as what you intend to do for deal number 1, buy and hold, flip, etc....How much you think you can afford to buy for deal number 1.How much CASH you have to buy and to operate with once you own it.I think answering these three might get you a more useful response.Good Luck! 

Keep in mind, I've had my eye on the Dallas market for Duplexes for awhile, and this is the only one I've seen in an area where I would actually want to live that I can afford. 

You know how much you can afford so only look at properties under 110% of that (to allow for dealing).  

If you don't follow the rules, you could lose the protections afforded by the LLC.

Well-located, affordable real estate is always in demand.If you are truly concerned about Boomers selling and moving, you should concentrate on markets that cater to Boomers.  

I would highly recommend a fourplex if you can afford it.

The whole mission of tiny houses is to retain affordability.

Like the healthy 26-year-old mother of three that worked on the side and was paid in cash so she wouldn't lost her benefits that paid $1,175 of her rent on a $1,200 townhouse that none of her friends could afford despite working two jobs, yet she was still consistently late with her $25 portion of the rent, then she got knocked up by the boyfriend living with her unbeknownst to us and HUD, and when I finally managed to catch her and get rid of her, she left $4,000 in damages.