Fire pit free for all. 

If you ever want to chat more about this... or if you're curious how these strategies play out in markets like Austin or Scottsdale... feel free to reach out.

Second pro is that you get to lower your living expenses or live "rent free" by having your tenants pay for your mortgage payment.

Tax free appreciation and rents significantly trump the loss of depreciation and custodial fees.

Start with BiggerPockets Ultimate Beginners Guide (free).

Please feel free to reach out if you have any questions.

Please feel free to send me a P.M. 

This means that if you pay off the loan too early, then you'll pay a 1-5% fee off the loan amount. paying off the loan early means you either refinance or you sell the property, both would trigger a prepayment penalty to the lender. that being said, you can choose your prepay options, 5yr usually giving you a better interest rate by like a 0.25%, 3yr being most common and standard, and a 0,1,2 yr where you can buy down the prepay to be less years. meaning you pay 1% upfront of the loan amount to get a 1yr prepayment penalty so you're free to sell the property or refi after 1yr. 

I would need more info to really help, but feel free to reach out to me any time.

Generally speaking, these are roughly $1500 / pier give or take depending on the crawl space height.If you need anything - feel free to reach out to me (contact info in bio).