I would have a conversation with the tenant, and then after that if you determine that’s in your best interest and theirs to seek out a new tenant give them plenty of time and make sure you leave amicably because in case you get more rentals and they are looking in the future, I have a higher income that relationship is sure to last, which means that you have guaranteed business in the future.

Quote from @Natalia Perlova: Quote from @Marcus Auerbach: Agree with the last two posts.

The risk analysis and mitigation is all over the map.We have done very well over the last 15 years.

You are basing your claim of damage solely on the time the seals lasted not on the type or cause of the damage.

However, I do think the experience was great for what it was worth and for how long it lasted.

Last question, how significantly would the APR improve if we leave 30% in vs 25% or 20% on a HELO? 

Maybe you walk away with $100K in 20 years but what would an index fund or Muni bond both of which are passive and likely safer net you in 20 years?

We just made our first investment with them at the end of last year and can only say good things about them so far.

Today, that building generates enough passive income to cover his annual retirement contributions.You mentioned taking the 10% penalty, which I’d only recommend as a last resort.

I have learned a lot over the last ~6 months about furnishing a property, managing/pricing a rental, understanding the ins and outs of Airbnb/Furnished Finder, and analyzing real estate investments generally.My business idea is to use that knowledge and start a company that does the following:-Furnishes properties for investors who want to turn their LTR into a MTR/STR, new homebuyers who want to house hack, or just any investor needing a rental furnished.