2% Rule or (Rent x 50)

[Exo Dallas]

I understand this rule and why I must use it. BUT, is there any other criteria that should be consider? Do I ever go down to 1.75% or say (rent x 55) for example? OR is this the 2% the minimal I should ever use.

Also, does it matter if it's a SFH or a apt complex (30 or fewer unit)? My goal is 100/unit like everyone else...

Thanks!

Exo