When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan I proposed to my husband:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.

Finally, look at the tenant.

I've seen investors lose tens of thousands every year before they finally get serious about learning how to manage.

ChatGPT is great, and it is a very helpful tool for boosting efficiency and effectiveness.However, one of the things I don't like about ChatGPT, is that once it has provided an answer, there is a finality to it.

They asked me to empty my savings, max out cards and then finally to take out a loan.

That would be fair, but instead, they make you shoulder all the risk.I complained twice, and they finally agreed to let me out of the deal but kept my $10,000.

We finally had to have the police go there and we forced the door open with this mom screaming and crying all day at us as we replaced 8 windows.

Finally my third piece of advice for getting started on wholesaling would be to meet cash buyers like myself and add them to a list of cash buyers.

Then the investor can come in at the end with final financing and get a new 1-4 unit investment property that is ready to rent. 

Washington D.C. has also finally acquired the RFK Stadium (Source) from the federal government, a long-sitting vacant stadium in the NE quadrant of the District, with the plans to have the Washington Commanders come back to the District from Landover, Maryland, and occupy the stadium after a full renovation, who are currently a top 4 team in the NFL.