I am weighted more towards debt and preferred equity deals.So far, only one investment is not performing, and in that situation, it is some weird internal situation (too many cooks at the sponsor) and from what I can tell, not a problem with the actual property.These investments were a conscious decision for me to allocate away from my stock portfolio and after I made the first couple of investments, I decided that the only way for this to make a lot of sense was to get a big portfolio fast in different cities across the country.

So everything is weighted and calculated whether that loan is a good fit or not with your property or properties.   

I'm hoping Bigger Pockets can help keep my spirits up, guide me in the right direction so I don't loose all our savings and maybe even find me a partner/private money to lessen the burden on this newbie.Sorry for the long post.

How much weight/consideration should go into it when making a purchase.

The term "high yield" is much like "Lose Weight Today" how much depends on the eye of the beholder.  

Now that is some serious weight.

I am trying to mitigate to lessen the bid price by not taking on a money partner, I have a budget of 10% for interest rates, and I could easily bring it down to 5% (0 if i absolutely have no risk of going for a fund partner, but not going to risk it) if they agree on the DP.

I'm currently trying to learn more about the advantages also... hopefully someone with some experience with this will weight in here.Terry

good property management is worth their weight in gold.  

CA law carries very little weight as precedent in my state.