Quote:
Originally Posted by mjensater
Employed now for 10 years, same company. $85,000
No CC debt.
No savings other than the $8,000.. in checking 
I can tolerate a $30k loss
32, single no kids.
I don't want to move at this time, I have a good job and do not see myself moving for at least 5+ years.
I want to keep this property in my family, its important to me. My great grandfather homestead the property.
Thanks for the reply! 
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From what you told me, you can afford it
You also have to start making retirement contributions.