Property values continue to rise, enhancing its investment potential.

Property values continue to rise, enhancing its investment potential.

Do I need to draft a new lease with the tenant, or can I continue with the existing one?

I agree with you on the value of the assumable VA loans as interest rates continue to go up. 

Unless she hates her job it probably makes sense for her to continue with the high earning (and hopefully saving) so that she can look as bankable as possible as she gets into RE.

@Jonathan Greene infers from your use of the term "lease" that this tenant started off on with a lease for a period of time such as 1 year and then when the lease ended no new lease with signed and the tenancy continued as month-to-month under the original lease terms.

Many of our clients in similar positions keep the investment and hire a property manager - that allows them a completely hands off investment, while continuing to build equity.

If you’re willing to continue to do the bookkeeping yourself, there’s several wonderful options on courses you could take for learning how to do RE bookkeeping.  

Hi, I’m trying to decide whether I continue to actively invest in single-family (or small multifamily) long-term rentals or invest with a multifamily syndication.

What markets and strategies are you intersted in as you continue to grow?