The values they had before were based on rents that simply weren't sustainable. 

I thought it was simply the difference on percentage of appraised value (4% vs 6%).

If it matters to any degree to retain this tenant, if listing for new tenant is a pain, I'd simply call this guy up, I'd be upfront and ask him about all this.

There are many mentorship programs available ofc and Open Spaces was simply a great match for me. 

I realize down the road letting if I am trying to simply pay mortgages off the ROE  is no longer a useful gauge. 

Financial freedom goes beyond simply replacing your current income—it's about sustaining your lifestyle for life.

I’m here to learn, grow, and connect with like-minded individuals who can help guide me along the way.I’ve been fortunate to build great networks so far, but I know there’s so much more to discover in the beautiful world of real estate.

Although not required, spending a few hundred dollars can help you discover hidden repair issues.Contingency fundA mortgage lender typically requires you to have significant cash reserves before buying a residential rental property.

To me not even close.Continue this velocity banking process and you will pay off your entire mortgage and HELOC combo in six years and four months.If you had simply made an extra payment of $1,000 a month to your mortgage during this time without utilizing the Velocity Banking strategy and paycheck-parking strategies, it would take you six years and five months to pay off your entire mortgage.

Financial freedom goes beyond simply replacing your current income; it's about sustaining your lifestyle for life.