The second-floor tenants stayed (they’ve been great tenants), but the third-floor tenants refused to pay the increase.Spring: Turnovers and Learning ExperiencesAs spring rolled around, I turned my attention to getting the garden unit rent-ready.

Maybe offer them a discount of paying $400 and you waive the remainder.🤣🤣🤣🤣 Isn't that the truth! 

The way I'm looking at it, if my spouse and I only do employer matching for the 10 years we would have more than enough in there and still 10 years out from being able to access it.I do plan on doing 401k loans for deals if the numbers check out, and I've considered rolling over some of our 401ks into roth IRAs to access our contributions but we'd have to pay taxes out of pocket (a big hit to cash flow) and we couldn't touch it for 5 years.  

So I offered to pay for the flight, if they returned a clean and empty house.

Also, check out LoopNet or Crexi for listings, though keep in mind that the best opportunities might not be listed publicly.

I got the duplex for a very good price so I financed more money than the cost of the house so I don't have to pay for the rehab out of pocket.

If electing S Corp status, pay yourself a reasonable salary to avoid IRS scrutiny.To be honest with you, you don't need any kind of Corp for tax savings unless you reach a certain amount of net income.

Financial Highlights•Acquisition Price: $72,000•Renovation Costs: $35,600•Total Investment: $107,600•Funds: raised from personal savings and private lender•Appraised Value: $160,700•Monthly Rent: $2,150•Cash-Out Refinance: $3,200 after paying off private lender and myself•Rate and Term Refinance: 30 yr amortization, 7.25% interest, 70% LTV•DSCR: 1.45% Lessons learned?

I love where you mind is at and how organized your post/plan is.

In the meantime, if rental income is able to pay for the cost of the mortgages then I frankly do not really care what the interest rates are.