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Depends on your level of comfort. The further you leverage the more "risk" you are taking on. You are now at a point that your property is positive (after taxes) - and your question is really like the age old - how long is a piece of string. Being in the accumulation phase - the more you...

depreciation gets you nicely over the line........... as far as buying another prop - will depend on whether you have the equity/servicability?