Time in market is the biggest benefit on your side, so the sooner you buy, the longer you'll have that property (and also, the sooner you can buy #2).This is definitely a perspective a lot of people tend to steer away from, as they are scared/ think that we are at the peak of market costs and interest rates.

Couple of observations here from my perspective:-I would have gotten the "old tenants" to sign a vacate agreement wherein the agree that they are not entitled to pro-rated rent for remainder of that last month. 

Thanks for your perspectives!

I'm open to hearing all perspectives, hence why i'm reaching out to different platforms and taking in as much knowledge as i can. 

I appreciate your perspective on the unpredictability of cash flow in rental properties.

This is some very good perspective and I really appreciate the insight! 

@Rahul TripatiFrom a renter's perspective, maintaining a lawn of such size incl.

Couldn't agree with this more - we try to stress this with our perspective clients.

There's no real hard rule on this from a lending perspective. 

However, I think from a financial perspective, it's likely a better idea to pay off the debt or add the money either to a taxable brokerage account or a retirement vehicle like an IRA.