Chris...The property is paid off...currently sitting empty...with needed minor repairs.Trying to deferr Capital Gains Tax liability until my earned income is lower in retirement.Would this change your mind?

We don't currently own any real estate, but are both hard workers and ready to start the learning curve.Looking forward to connecting and getting to know like minded people!

I’m here to network with like-minded individuals, share experiences, and grow my knowledge in real estate investing.

So, that is a key item to keep in mind when doing an analysis is what the slope is of diminishing production. 

They'll be able to list it at a competitive market rent value and will likely have possible tenants in mind.

Would you mind chatting a bit more with me?

Keep in mind that your competition is also scared of rates and staying out of the market.

The E-Myth by Michael Gerber- Start and operate your business with the consumer in mind... not you... not your product or service.

LOC's can have negative effects on your future purchasing power if not set up correctly and keeping in mind you can "never" use an LOC as a reserve or asset.It will always be a debt burden and can over inflate your back end debt ratios depending on the W2 income and your liabilities.

It boggles the mind that anyone is still believing their nonsense.