If I have 4 million dollars, I will retire tomorrow regardless my age because I know I will never use up the money (with a middle class lifestyle).

There are other factors that go into a decision to go outside your market as well, such as market cycle, political climate, taxes, etc.I used to own in the Bay Area and sold off my property due to the high taxes and opportunity for better returns elsewhere.Best of luck!

This is due to a couple factors:1.

It would be so sad to have to get a 9-5 job at h the is point, we’ve put in so much and love this lifestyle and everything about real estate.

@Brenden Kanakaole How did you arrive at a 2% vacancy factor.

Cost for the effort will always be the determining factor.

How quickly you plan to deploy the funds can also be a determining factor on which one you want to use.Best of luck!

You can ask what expenses you should factor in to your calculations.

As @Michael Le said, within a market, the sizes can range for various factors.

LTVs will often max out at 70-75% but exceptions can be made if there are worthy compensating factors, I've seen these get funded firsthand.