However, as @Chad Hale mentioned, only if you can afford it - meaning both financially and mentally (e.g. how stable are both of your jobs, how long will it take you or your husband to find a replacement job, how much you have in reserves, and whether you guys are in a position to withstand that mental stress, etc.)When you mention 8k monthly, I am assuming that's net profit?

The people that lived there must have had severe mental and behavioral problems.

I think my skills in mental health counseling and healthcare management are going to be surprisingly relevant to real estate investing (at least I hope so). 

RE is a get rich slow game and there are increasing number of people talking about how difficult it is to retire from your day job even with large numbers of rentals because cash flow is thin.On the one hand there is the Small But Mighty portfolio mentality which I believe is a book in the BP store by Chad Carson.

On that note, if anyone is interested in tools for self-mastery, I highly recommend exploring breathwork—it’s an incredible modality for building mental resilience and focus.

Your Mental Health.

The owner, a family member of one of our buyers, inherited the property through probate, but they weren’t equipped to handle the renovation.The house had been left in disrepair for quite some time, with the previous owner struggling with mental health issues.

I am getting close to a mental breakdown, just kidding, but I mean dang these tenants are annoying. 

They're all good answers that matched the "it depends" mentality that I was expecting.

If you can get over the mental thought that you "gave away" 60% and look at the math, what the math does, I think it will blow your mind.