Plus, having a fully paid-off property could be a nice safety net if the STR market takes a hit or occupancy slows down.On the flip side, if you’re eager to grow, saving for another property could be the better play.

On a pre-1900 build I often see them filled with mortar, at least here in Milwaukee.

It passed re-inspection but they only paid me for 1 month.

Rent collection update - paid in full by his mother yesterday. 

It was a risk but thankfully paid off for me.

The quick short answer in my opinion is this: If you want growth stick to the small multis that you know and once the mortgages are paid off retire fully.

ya or older semi retired attorney might be a good fit.. low stress get paid.

If in the future they try to buy a house, the lender may require it to be paid but that's a long shot. 

Gave him 10 months free space rent and paid for all his utility hookups. 

But I would urge planners to consider that the Sec 263 regs they rely upon for the justification for not expensing remodeling costs is actually an exclusion section which prohibits deductions under pspecified circumstances that being that the amount was: "paid out for new buildings or for permanent improvements or betterments made to increase the value of any property or estate."