So $460K-$350K = $110K, it is almost the same as the money I put into this propety. ($42K+$75.6K)=$117K.

The money will follow that.

This will save me much more money eventually than the cost of the bookkeeper.  

If it keeps getting out of hand then I would then send a notice to quit to the troubling tenant. 

It normally doesn't cost you any money to open and to be able to access that large amount of equity to buy or stabalize your current portfolio allows you so much more opportunity costs.For instance, I took a $200K LOC out on my primary residence when I first started in real estate.

While I do not have an official W-2 currently, I do have a steady income, great credit, and have money saved as well from working since I was 13 years old.I relate to Ian Kay in his journey but also am very determined to make my goals/dreams a reality this year by July 2025.

Why not joint venture with someone who has money, fix & flip itWhy not rent it out for at least the monthly carrying costs.Why not sell it on a lease option, get 10% cash up front to fund school? 

This money gets added onto the back of the loan kind of like a VA funding fee does. 

This could potentially meet your financial needs by itself as well as provide start up money to do flips or purchase buy and holds

Assuming that your taxes and insurance are around $500 and your mortgage was $1,000 per month - even if you got a rate around 7-7.5% and had no money down I do nto see this property cashflowing.