With $19K invested and a $71K purchase price, your cash-on-cash return should be strong if the rental income covers expenses and leaves room for profit.

A week later, the owner returned my call and expressed interest in selling.

My wife and I just returned from our honeymoon in the Maldives and Sri Lanka.I’d like to clarify our goals.

That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.

If i can invest it and make a significant better return after tax than paying it down I would do that but in this instance you will never be able to achieve returns that match credit card debt.

if the $38K can see a 8% COC return that will pay for 1/2 of the car payment + she gets all the perks of another rental. 

You need to make sure although you like GA as a state that you have realistic return expectations and area availability within the state for your price point.

Then I have to file a tax return for my LLCs.

Do not wait for the 30 days.A couple of options to raise money: If you receive at any given time a return during tax season.

Tanya I will return from my trip to Puerto Rico on December 9th.