Because anyone who can afford that can easily afford to buy a $257k house.

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.