I would need to consult tax consultant for this however I expect to reduce my effective costs by ~$1,495/month (based on a 32% tax bracket).2.

Key Questions:Would it be more financially prudent to sell the rental property and pay off a chunk of my high-interest primary mortgage (7.375%), and use the remainder for a fix and flip?

If you are looking to expand your knowledge I highly recommend the webinars BP offers. 

I'm never going to use your website because I already have personal relationships with people doing that work.

Where these numbers are found, there is a very high rate of rent actually being paid.We have over a dozen Fortune 500 companies just in Metro Detroit with huge Healthcare, Auto, and mortgage industry National footprints.

Learnt lesson not to fully depend on property manager and should have made decision faster by reducing rent .

I had similar thoughts as to why they would want to take over payments on a brand new mortgage at a high rate.

He told me he owned a few mobile home parks in town (they were large and had high lot fees) and this is what sparked my curiosity.

What I wrote above does not create an attorney/client relationship between us.

In North Jersey, buying is difficult from my beginner perspective with high prices, property tax, etc.Barrier to entry feels high in my area.