Since I have the income to handle that debt payment each month with ease (it's about the cost of a really nice dinner for 2 with wine), I choose to only pay the minimum each month and use my capital to invest, where I can earn a substantially higher return.Also, keep in mind.  

Yes, we meet once a month at a wine bar on Telge.

Introduce yourself to every realtor in your area and give them a flyer , host a wine and cheese for them to view the prioerty and point blank ask them what they would do to sell the property. 

Streets of Woodfield Starbucks serves wine!  

Looks like you're smack dap in the middle of wine country.

After I graduated, I landed my first few jobs in sales (Gallo Wine and Enterprise) when I soon learned that I wasn't passionate about sales.

Let's say you replace the carpet for them and they move out 1 year later, but have permanently stained the living room carpet with red wine. 

I am a newly licensed agent in Sonoma Valley, AKA Wine Country.

Hey Nicola,Do you already have an idea for your exit strategy for the balloon payment?

@nicolas I get what your saying , but I figure eliminating of reducing my rent is the same as cash flowing at this point .