Around year 7 or 8, ideally year 10, re-assess your equity and maturation of those debt notes and re-adjust how you invest to suit your needs. 

This is illegal in NYS, we have looked this up and did  significant research on this and we have a law suit against them in regarding this. 

Myself, I've made millions with Section 8 properties, but every day you need to suit up for battle to deal with tenants who have no sense of adult responsibility.

We’ve seen investors struggle when properties are in areas more suited for first-time homebuyers than renters.

Sounds like this property is better suited to be a LTR.You will likely get some unfavorable reviews about the neighborhood that may make your decision for you.

Some – almost invariably small ones that did not or could not adapt fast enough to suit their regulatory Masters – had to be sold for pennies on the dollar to banks that are Too Big To Fail.

I'm not sure about the potential for liability in a wrongful death suit if somebody is injured or killed in the fire, but definitely would not want to find out personally, nor would I want to live with that on my conscience.  

Our life is complicated and I work a complicated stressful job, but if we’re being honest, I also don’t have time for renters, but I somehow make it work and I personally think it pays off.Mtg: 1800Rent: 2900Owe: 200Rate: 4.5 I thinkSell Price: est. 450-460No other rentals except an in law suite on our current primaryFuture goals: would love to use this properly to buy other properties to get out of the corporate rat race. 

Detached: A separate structure like a tiny house, guest house, or mother in-law suite in the backyard.2.

I am willing to do all the legwork for a good deal that suits me.