although keep in mind this narrows the field of buyers quite a bit.. 

Paying off the mortgage can provide peace of mind and simplify retirement, while keeping the debt allows you to leverage your funds for higher returns through investments.

Keep in mind the PPSF is the total value, which is land and structure.

Quote from @Christian Solis: What business entity should I should I structure my fix and flip business and what are some tips I should should keep in mind so me and my partner are protected ?  

It is digitally monitored so they always know the level and so do I with the app.

I'll also be attending the Momentum2025 virtual event next month.I'm trying to take as much action as possible but I know the ultimate action would be to close on my first rental property.Here is my question for everyone. 

Hey Robert,What exit strategy do you have in mind?  

I am in Memphis, I would be curious to know more about the properties.

You don't know all of the people living there so that's a big red flag as well.

However, be mindful of the Section 461 business loss limitation, which could restrict your ability to deduct excess losses in a given year, depending on how your rentals are reported.This post does not create a CPA-Client relationship.