Congrats on starting your short term rental journey! 

in 3 years you can pay off any mortgage 500,000 or less for $1,500 bucks.. or in 5 years a $477,000 mortgage for $100..I am implementing something new for the real estate industry, primarily to mortgage holders & the rent to own industry, as a shorter-term approach to be mortgage free, without cost being an obstacle ..

The bloated and wholly out of control Fed is long overdue for a “correction”.  

Principal Paydown- If your loan term is say 20 years. 

This is a marathon and not a sprint, so look at it like that so that you can have a long and fruitful career.  

Bigger Pockets is a great place to learn and connect with fellow investors.If you’re looking to invest long distance, I definitely recommend building your core-4 team.

However, after accounting for long-term capital gains tax and other expenses, you would be left with $150k which is important to budget and account for.

I probably wouldnt trust it 100% with that though unless I input all of the data that I have from my analysis in terms of ARV, rental rates, rehab rates, etc. now that I type it out, that actually would be a good idea aha. 

The fix-up and increased value will not matter to the IRS as long as you sell within a reasonable time frame of the house passing into the estate.

I have a Duplex I was doing a long BRRRR on.