The information contained in this post is not to be relied upon.

There are a few more “big ticket” items that need to be considered (Minisplits & landscaping) but most of the major costs have already been accounted for on this property.We currently have a 30 year conventional mortgage with a 7.125% rate on a purchase price of $750k. 

@Natasha Rooney congrats on moving forward!

I can definitely attribute a lot of my success over the last few years due to the connections I made on Bigger Pockets and the things I've just simply learned by listening to and reading all the great info available here!

this is helpful.

I agree with everyone posting on this topic here @German Fernandez, @Tyler Munroe, @Deirdre Lizio.

Every day is about finding ways to stay productive—reading, strategizing, networking, and setting myself up for the next opportunity.I know I’m not alone in this.

You know a similar thing happened in Kansas City (more specifically Jackson County, MO) regarding property taxes in 2023.

Since we have recently bought a condo we don't have the capital to go all in by ourselves on this property.

Do some research on whether a single-member LLC (or LLC with spouse) will even be sufficient to protect you.