I've decided to stabilize it and pay down the mortgage for a while and reassess in the future what my plan is. 

Here’s what I’m considering:I plan to call the mortgage company tomorrow to explore any assistance options they might offer.Should I look into selling the property?

We like the software, but the consulting service seems taking a bit too long... we would like to have someone to help us out with set ups, automation and a general marketing plan...

As I've learned from my experience, it's essential to consider this timeframe when planning and executing syndication deals.By carefully analyzing the real estate cycle and market trends, we can strategically time our investments for maximum gains.

A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.

Lilia’s breakdown of what to consider before investing is something I wish I’d read when I started.To add some color, I had a client a few years ago who purchased a duplex in Austin with a plan to hold for 12+ years.

It depends on what the terms of your mortgage are.Pros-with no mortgage, you have higher cash flow.Cons-if you plan on buying more properties, you are better off saving the money for a down payment for your next place.The big questions are: can you get higher than 7% return if you invest that money elsewhere? 

I am planning to make the purchase with a Black Friday sale!

Also  American association of private lenders is one trade group,Thanks for the response, Chris.

It requires careful planning and diligent execution.