Feel free to reach out

It seems like a good idea, but I feel like I am missing something here.

@Kedric Naylor, feel free to say no.

Common deductible expenses include mortgage interest, property management fees, repairs, and even travel expenses related to property management.

Would cash-flow very little.Obviously, a combination of the above is possible (pre-sell all but a few units, nullifying the profits, and therefore taxation).My feeling is that the first option would allow me to use profits to build something bigger (e.g., acquire another plot). 

If so I feel like you should be doing fine on revenue.

Inherited tenant really left me feeling like I should’ve bought it wmpty.

That would be a helpful addition to your plan as you would further reduce your cost of living.Also don’t forget from that $600 you are planning on getting in cash flow you have taxes, insurance, maintenance, capex, and vacancy to consider.With two homes, you may want to keep that extra $20k as an emergency fund rather than spending it on a third property and then be left with no emergency funds.The $1,000 a month includes incidentals for maintenance and taxes etc.

Hi @Dawn Bertrand, I'm sorry that you feel this way about your experience as a resident of JWB. 

I know you feel you are on top of it, and it sounds like a class A or B.