They are a pain in the *** - no doubt - but for me the juice is worth the squeeze.

What you could do with some or all of that extra savings from those tenants is pay down your car loan faster, so you aren't just picking one way or the other.All of this does rely on many factors that you will just have to uncover with a lender and go from there because your specific situation may alter how to approach things.Bottom line: Paying off bad debt(your car) is a good thing, but if you can utilize the funds you would have used to pay off the car to wealth build and accelerate the pay off of your bad debt with that accumulated savings...that is POWER and could position you for a fruitful beginning in REI.Best wishes to you!

Also ,  many VETERANS of the RE wars are in wholeheartdly agreement -now isnt the best time to start.Low hanging fruit has been picked clean. 

If you miss the cycle then could be holding and finishing out another 5 to 10 years longer than you thought to get the value out of it.I can agree with Ash that if buying smaller strip centers with limited upside to gross up the value 20% and make 200k the juice isn't worth the squeeze.

While it is going to need a full cosmetic overhaul, the juice is well worth the squeeze as Manayunk is a rapidly appreciating area and will be worth a vast amount in the future.

It is fun to see the fruits of my labor up close, it inspires me to keep building and growing my portfolio.  

New floors, added recessed lights, upgraded light switches and outlets, upgrade AC vents, re-paint throughout, planted fruit trees and bushes, replaced structural posts & re-screened one unit's back porch; added custom built closets & pantries.

That way you can juice up the current CF.

Hey @Jeremy Chartier I am always up and ready for a fruitful chat! 

I wanted to know if there's anyone here living in Madrid, with some experience in this amazing world, willing to accept a nice and tasty cup of coffee in exchange of a fruitful and exciting conversation 😊🤪  Thank you guys 😁❤️