I see a lot of potential and I'm looking to purchase my first multifamily duplex in the uptown area.

Lots of older houses but there seem to be several that have the potential for cash flow and while not exactly modern on the outside, have been renovated inside. 

If I pay it off, I could maximize cash flow earlier, reducing financial stress and allowing me to focus on other ventures or simply enjoy life more.On the other hand, I know some people advocate for keeping cheap debt and using the extra cash to invest elsewhere for potentially higher returns.Why I’m leaning toward paying it off:Security: No debt = peace of mind.Financial freedom earlier: A fully paid-off rental would give me a significant monthly cash flow?

EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!

Also send me some details on your service offerings, I am potentially looking for a new tax accountant.

That's 50k a year gone and you are losing tax write-offs and equity potential.

Once I've completed these initial projects and built up some capital, my long-term goal is to transition into buy-and-hold investments in potentially more affordable markets to maximize cash flow and scale up.Right now, I'm particularly interested in investing locally here in the Seattle metro area.

It is also important to remember the very real potential for stagflation, which to my mind is far more likely than the Peter Schiff-esque hyperinflation.

Potential cash flow How did you find this deal and how did you negotiate it?

Thank you for putting it out there and potentially saving someone else in the future.