I'm sure with your skillset eventually getting into land development/huge renovations/value add may be on the radar! 

As an investor in Atlanta, you'll eventually connect with others implementing this strategy.

However, if you are looking to turn the flipping of real estate into a business, then you may want to explore the ROBS 401k as it is not subject to the UBIT rules.

I knew I'd have a large payment and I hope to refinance the property if rates eventually come down.  

Hello Moshin,Stress and anxiety can rob us of our time & peace of mind, so I totally understand why you are considering this.

Hi Michael,I like your thoughts of building a large portfolio because it's very important in sub $100,000 markets like Ohio.A large portfolio = A safe portfolio.Personally, I've always been a big believer in buying with cash.Less is more.Once you gain experience and understanding the true income vs expenses of your portfolio.Then look at using leverage for faster growth.It takes many years to learn a market along with establishing a solid understanding of it's "in's and out's" from a people/team perspective.As investors we should always reverse engineer and protect the bottom line first and foremost before looking toward expansion and growth.My "cash only" mentality has served me well over the years in my businesses and real estate endeavors.Especially when things turned South and they always eventually do.Start slow, start small, buy with cash and build from there.Just my opinion and wishing you much successps.

Eventually I would like to grow my investment portfolio and buy more properties, so I don't want to use up all my cash and stocks on one property.

@Rob Cucugliello - This is a very state specific question as its dependent on state specific landlord-tenant laws.

I know you're right Rob, just long term I want to be self employed.Building a life insurance agency can produce a lot of income in the long run, just takes some time starting out.

We're in real estate and will cross paths again eventually, doesn't seem to make any sense to burn a bridge.