Maybe think of putting 1/2 down so you have a minimal loan but you also have cash on hand for emergencies and then as you can make larger payments.

In the ideal case, there be a "new California" emerging somewhere in the next 10 years.

It has to do with your current level of understanding or threshold, your resources (attorney, PM, Lender, handy people, contractor etc) along with capital on hand (cash to purchase, renovate and emergency funds), current life situation and life Style, and short term and long term goals.

I've focused on learning, growing, paying my rental mortgages, and saving for future investments (as well as saving up a 6 month emergency fund for each property).All 3 of my rental properties were house hacks that I purchased through the use of VA Loans (I'm a veteran).

Here are some of my favorites:IRR's Annual "Commercial Real Estate Trends" ReportPWC's Annual "Emerging Trends in Real Estate" ReportCBRE's Biannual "North American Cap Rate Survey" ReportRCLCO's Quarterly "State of the Real Estate Market" ReportMarcus and Millichap's Annual "Multifamily Investment Forecast" ReportIf you search for those terms in Google, you can find and download each report.But you always want to perform your own analysis, looking at factors like unemployment, population and population age, job diversity, top employers, and supply and demand data (new construction, vacancy rates, median rental rate, etc.) 

After you purchase this property, you're going to need a emergency cushion. 

Get a mortgage and pay off both your credit cards and your HELOC.You need cash for emergencies and unexpected repairs to your rent property. 

It's especially when we don't learn from history that it will repeat itself.Contrast that situation with that of some foreign countries, especially emerging markets.

The deal must be reviewed by the city to be allowed to move forward- highly overvalued market by all metrics, price to income etc - low appreciation and returns compared to emerging EU member states and US(most RE companies offer ridiculous returns around 10% (minus high taxes) for high risk speculative investments)- extreme anti landlord legislation Basically, given the number of alternatives available at the moment, i don't see any valid reason to invest in France unless you are french and unable to invest elsewhere.

What I did, literally, was call the non-profits in my area that offered emergency housing, offer your property as an opportunity for housing, and they will place you on their list.