Other equally contributing factors you want to consider is the properties positive cashflow, asset appreciation over time, debt service paydown over time, as well as hedging your dollars against inflation - all of which make real estate such a great investment especially when you have the right property!

Side note, good to see another Michigander.Yes, you can make positive cash flow and not pay taxes. 

Strategically positioned behind two other investment properties, it plays a central role in transforming the area into a thriving residential community.

Originally posted by @Margaret Buoncora:I’m in a position this year where the groups are becoming harder to come by due to the increase in apartment style complexes being built.

It's good to hear of a positive house hack experience!

I currently hold a staff position as a registered nurse working 36 hours (3 days a week).

And since there's no mortgage you might be able to find a modest rental close to you that will provide a positive return.It sounds like you are already under contract to sell your investment property.

You just won't really have a ton of positive cash flow right off the bat if you are refinancing at 70-80% LTV at today's interest rates.Multi family you can get both but those are tougher on the equity side of things since they cost more to rehab compared to a single family home.

We don't allow the tenants to do or order maintenance, but we have been in this position in the past.

Like you, I have had positive outcomes.