I'm excited about all the options and possibilities to go in real estate after reaching that benchmark.

@Clay Cook, as Justin noted, there is no right or wrong answer, since variable is just that and no one has a crystal ball.You clearly know your spread and current benchmark rate, so you have an idea of where the rate will be for the next few months.  

There are no rules, but as many other have mentioned 10% of the equity is a benchmark for a co-investment.

It's probably a bit under as equilibrium is arguably closer to 5.35 million, but let's use 5.Now as things dip below that benchmark, let's say by 200k units per month for lets say 5 months, it does NOT say that then immediately the next month there will be say, demand to purchase 1.2m home units, no.

Our average price is $100k in Birmingham, so I use about 20-25K as the general benchmark for a down payment.

Measuring Cash On Cash returns is a go-to benchmark for me.  

Personally; I do give ~10% not because it is a tithe, but because that is I believe an appropriate benchmark to strive for in giving.

You can see this feature for yourselves because there is an opening low in the front of the bowl.stephen---------------- Stephen:Actually, I believe the MAP-Test has become the benchmark for solid waste removal ... it is more widely referenced these days.  

It could be a good benchmark for you. 

I'd recommend running it through your rental property calculator and bench-marking it relative to your investment alternatives (and goals).