Likely you will need a few properties worth a few hundred thousand minimum -  how much out of pocket? 

But if those payments feel like dead weight, Dave Ramsey’s “debt-free” mindset could be worth revisiting.Here’s a quick story to illustrate.

Let’s say a property is, in its current situation worth $300,000.  

.- Our first investment: A house in Detroit via InvesteerAmerika (handling resales, property management connections, and setup).

This might be typical in your market, but it’s worth confirming to avoid unexpected costs.

The ultimate tax hit is at most $5k (20k * max 25% tax rate) and it's probably not worth it to 1031 exchange for that little of tax deferrals.

However, I’m open to exploring opportunities in other cities or markets if the numbers make sense and align with my investment goals.If you know of any deals or markets worth considering or maybe even a deal lines up, I would love to know of it!

Refinancing will change your mortgage rate, and if it’s worse than your current rate, it’s not worth it unless you’re getting a great deal.

@Jerry Tello for what it's worth, I invest in tax liens in AZ.

Assuming the property is worth much more than they paid for it don’t let them give it to you.