Currently, based on a market evaluations, I have about 50k equity in the property.

I would also evaluate your investment goals and ensure the asset type or real estate in general makes the most sense for what you want to do.

I own a 20-acre campground with 13 log cabins, 10 RV spaces, 2 bell tents, primitive campsites, and a store.

Analyzing market trends, evaluating properties, building a team, staying updated on legal considerations, and using technology can help manage leases and payments.Good luck!

On another note I invite everyone to apply and then evaluate the applications as opposed to saying No Vouchers or no Section 8.

Even if you bought with all cash and did ZERO renovations or capital improvements, just with the missing expenses mentioned above, your cash-on-cash return would be closer to 6-7%.You should re-evaluate the complete analysis to see for yourself.

Please read up on comps and ROI and why they are part initial evaluations but not of due diligence.

So after a recent call w our amazing accountant he said something that hit me hard.  he said after 40 years w his clients he's observed that its easy to get into real estate investing and much harder to exit real esta...

I'd recommend you house-hack some small mulitfamilies and re-evaluate every few years.

Maybe a different way to go about it is evaluating the market rate for a rental of that size.