It was held by the previous owner for a very long time, so I wouldn't be surprised if some basic facts about the house are incorrect.

Even if you have a higher return in the stock market, you'd be doing it with a lower basis after tax and it will take a long while to recoup from that. 

You just need a good property manager.

Welcome to BiggerPockets Daniel and good luck investing!

Good luck to you!

@Lexi Blocksom If the burden of holding the property outweighs the long-term gains, a 1031 exchange allows you to defer all taxes, and you won’t have to recapture depreciation.This option enables you to use the deferred tax benefits to purchase nicer properties in areas with greater growth potential.Once you complete your exchange, you can immediately do a cash-out refinance if you need access to some cash, tax-free.

Your notes of 3:30-7:00 and 7:00-10:00 seem like reference to how long you have to speak on the topic, and while its great for production purposes, it really isnt necessary to include in a post on a message board.

I personally like the buy-and-hold strategy and we help clients who share this long-term, wealth building mindset. 

.- Creditworthiness: German banks assess your financial standing, so keeping accounts in good standing is critical.4.

if its a rebrand of do hard money look at old threads on BP.. these guys while not a scam many that posted on BP lost their 2300.00 because no deals were ever good enough and so they gave up and lost the deposit.. back a few years ago it was 3k.. great bizz model make 3k and and dont fund anything or very few according to others that posted.