<prompt> Human: Over the last couple of months, Ive gotten the idea of buying a beach front condo here in Florida. Up until a few days ago, the idea of myself owning an investment property, a beach front no less, was not something I believed in. I grew up in a lower middle class house with parents who got by on long hours, so maybe thats why I have a hard time seeing myself as an investment property owner. But in the last 2 days Ive had a change in mindset. I think I need to stop thinking and start doing. My question is, am I ready. My wife and I bought our first house together early last year, its very affordable and we used her income only 50k for financing. My salary will hit 115k this year, its grown from 72k in 2013 when I graduated and I feel its stable. Were currently saving my wifes entire salary. Wed have a 20 down payment on a 250-300k condo sometime early next year. I think were ready for the risk but this is uncharted territory for me and mine so looking for any words of wisdom. Thanks  <response>: rrealestateinvesting 