How will that look for you, if you already owed 90% of a pre-price-drop value?

Less theft vandalism shootings etc . and getting those paid off in 7 years is the way to go.. you get them paid off then you can hire a full time GM to take over your roll of owner enforcer.. 

It will also hopefully help to get some equity partners in the near future so we can get the ball rolling again on our fix and flips.  

However, those losses do roll forward each year until the property is sold. 

I have some vision in my head (which may not be based in the real world and change over time) a scenario where I sell my current house and use the equity to put a down payment on a smaller home or even rent for a short time, using the remainder of the equity along with some savings and if needed, family investors, to purchase a value add quad that I can reposition and roll into a 20 or 30+ unit property in the course of 18-24 months.

Application Deadlines are updated on a rolling semi-annual process for each program, with the current upcoming deadlines as of this post shown below: Small Deadline: 11:59 a.m.

Although leasing activity is down 63% from pre-pandemic levels, the pace of new vacancies is slowing, reducing unoccupied space from 58 million to 44 million square feet over the past year.Multifamily PropertiesHigh mortgage rates have boosted demand for rental units, with net absorption up 90% year-over-year.

Here are a few key considerations:Can you obtain a rent roll and T-12?

Perform your own investigation and build your own rent roll/spreadsheets to confirm everything.

@Brady Herbaugh- thanks ...a house hack where you live in the property you buy is the best step to take for your 1st investment...make sure you get pre approved  for a loan before you begin to search for a property