We're now looking to take out conventional financing based on the equity we have to do a few things - pay off our existing private loan, fund some larger ticket renovation items (i.e.

I would take that money and do one of a few things with it:1-Look for a JV partner to do a larger deal with2-Keep learning about the market and investing as a whole and sit on the money until you have enough education to leverage it3-Use the money to set up your real estate business and buy leads & marketing betting on yourself may be the best of the optionsAlso tread lightly around the leave NJ advice places like OH, Baltimore, even parts of South Jersey can be money pits where ripping off out of towers is a cottage industry.

There is a larger market than just traveling nurses.

Love me, love my dog.

Of course with larger apt buys gotta watch the date EM goes hard. 

Hoping to use this strategy to get more capital to help scale into some larger rehab projects.

Feel free to inquire about their staff qualifications if it's a larger organization.2.

@Mohsin Mazhar  If you decided to sell and purchase another property, a 1031 exchange would give you a larger ROI potential and save you from the initial tax hit.

This will likely produce larger financial rents back to you as well verses renting out rooms in a SF home.Best of luck!

some people mix them together (which only makes me remember less  lol)And like i said, it may sound nice to bring deductions to your 1040, but in the larger scheme it may not be a good idea or a sign of something else is wrong.Definitely consult a qualified professional about your situation.