@Ram Go "Initial Debt" may or may not be the same thing as the current loan balance. 

Additionally, we have equity of approximately $145,000.Now, we are faced with a dilemma: should we sell our current property and purchase in a more favorable neighborhood, or should we rent the house and let it pay for itself.We would greatly appreciate any advice you may have.

Bryson: No the property is turnkey and currently tenant occupied.

I went from 10 units in May to 70+ currently. 

It is not your credit score but generally better credit will result in a better score- Time at your job- Education level- time at current residenceGood Luck & feel free to PM me if you have any questions. 

Your tenants obligation was to pay you on Jan 1, so it doesn't matter if they paid someone else they still owe you...obviously details re: notice and dates all come into play here and from a practical perspective I'd work with the tenant and not move to evict over this.

The more rational you are, the better the outcome.Practice and LearnLike any skill, negotiation improves with practice.

I am considering moving over to RESimpli and would appreciate any feedback from current users. 

Seems like a good idea in theory maybe not in practice. 

My last 2 purchases and the luxury cabin I am under contract currently are all at least class B.