Think through the scenarios - could you comfortably handle two months of vacancy while needing to replace an appliance & prep the unit before next tenant moves in (> $10k)? 

Furthermore, they add something along the lines of "this property is working for you, cash flow is here to cover this type of stuff while the property is appreciating -- so what if you have that 5K HVAC unit replacement " (FYI, even when optimistically calculated, cash flow does NOT cover a 5K HVAC unit within the first few years) 3.

If I'm not onsite, I really rely on hearing "hey, consider replacing this carpet".

Then on after that, replaced by now songs of woe. 

As far as I know, there are no plans to build on either lot any time soon.At the start of the renovation, we replaced the roof.

It is also nice having the HOA as it spreads the cost for flood insurance and the roof we recently replaced

roof replacement, all new floors, new finish plumbing, interior cosmetics, appliances, fixtures, and just knowing the area of town What was the outcome?

Fence is entirely within my property per a survey that I did.In 2023, I did some landscaping work and replaced the front part of the side fence (and paid 100% for the replacement).

Usually you try to the do the refinance after you purchase the replacement property.

This includes some major items like below upgrading septic to elgin septic system 20kupgrading electric to new cod 20ktree cutting trimming 10ktrench/French drain 10khvac replacement repair 10knew plumbing 10kcrawlspace repairs 10kappliances replacement 5kdoors replacement 5kmold repairs 3kroof repairs 3kother repairs It is in good location.