To grow, keep buying more and use the money and worth you gain to reach your dream of having rental properties.

It has been a great rental with a fixed conventional mortgage rate, generating cash flow from day 1 and already gaining equity due to the increased value.

This way, you get to spread out those capital gains taxes over time, making your tax bill way more manageable.

That was slightly below expectations. 40% of the job gains came from the leisure & hospitality industry.

Capital gains of some sort?

You will have to pay tax on the depreciation recapture and gain on sale (if applicable).

You will want to discuss what you owe for capital gains with your CPA (if not already) and then go from there.

Our company has flipped 5 homes in Northern Colorado over the past 5 years and I've gained a lot of XP through other people's risks. 

The goal is to use post-tax dollars in order to avoid paying taxes on the gains.2.

Hi Michael,I like your thoughts of building a large portfolio because it's very important in sub $100,000 markets like Ohio.A large portfolio = A safe portfolio.Personally, I've always been a big believer in buying with cash.Less is more.Once you gain experience and understanding the true income vs expenses of your portfolio.Then look at using leverage for faster growth.It takes many years to learn a market along with establishing a solid understanding of it's "in's and out's" from a people/team perspective.As investors we should always reverse engineer and protect the bottom line first and foremost before looking toward expansion and growth.My "cash only" mentality has served me well over the years in my businesses and real estate endeavors.Especially when things turned South and they always eventually do.Start slow, start small, buy with cash and build from there.Just my opinion and wishing you much successps.