The land that this property was built on was approved based upon the capability of the land to support the septic needs of a specified-sized property. 

Please check the zoning laws where you are on your property and double check your numbers (i.e.

I own 19 properties in Rhode Island and have found the Eastern CT market to have Rents just as high as Rhode Island with property prices 60% less and taxes 50% less.

I would sell that property in IL and chalk it up to a learning experience.

Nevertheless, if the RAD investors  actually had loans  collateralized against property they would be in a much better position.

You bought a property.

I can make the numbers on a good property turn bad for a year or more due to the loss of rents, if they can't be recovered. 

My understanding is that typically, a homeowner must live in the property for at least a year before converting it to a rental.

Anyone have experience investing with Roers Companies, developer and operator of new multi family properties? 

I'll be 45 next month.option A) Kiyosaki Model: Don't sell and run either long term or short term rentals through it for a year to show income on the property than pull a $300k mortgage on it to build another house in the same neighborhood... repeatoption B)  Ramsey Model, Sell it for $600k.