Wouldn't he likely be losing 10-12% or more per year in opportunity costs/potential gains, compounding annually on top of the $3,000 he's already losing?  

I long weekend in San Antonio, Arkansas, or Broken Bow are common for us.

It's not compounded interest that grows logarithmally like you see in some charts from investment sellers. 

I might not be able to say how I know this, but I've heard from a very reliable source, that they're moving dirt within the FBI compound where the TEDAC building is located.

- The laminate flooring is sinking and bowing in quite a few places in the hallway and near the kitchen.

I am considering either borrowing against the equity to purchase a second property, or attempting to aggressively pay down the mortgage on this house, become debt free, and allow that process to compound my results.

Listened to the Ramsey and Chris Hogan podcasts and some others...and decided to get rid of the small balances first versus tackling the big interest rate balances...Getting rid of the small debts and then compounding up to the bigger ones was the motivating kicker to keep me on track and got me to soon reach debt free status. 

Put it off and you lose the time value of money compounding advantage, making it so much harder to catch up when you start later in life.If you need to convince yourself, try this exercise with your spreadsheet program.  

Stock returns are compounded YoY whereas an increase in rent here is a flat %.  

If you need some guidance on this, I recommend Dave Ramsey's Total Money Makeover program.Your current equity position is not sufficient to do much for you, and the loss of the depreciation, appreciation and monthly cash by selling, as well as the costs to do so really just compound your situation.