I would take the 300k and invest it with experienced rehabbers at a guaranteed return of 10℅ for 6 months with an additional 2℅ per month over 6 months (20-22% per year).Gary

@Gary Wong - Yeah, as this is our first rental property, we do plan to use a property manager.

I definitely do see that.There is a small handful of people (Gary Vaynerchuk, Peter Theil, etc.) who can predict trends and make bets on small companies that later become titans of industries.

Hi Gary, I'd be happy to help you with your expansion. 

Thanks, Gary

Thanks, Gary

Thanks Gary Harris !

I live in Gary and just started my own company A&R Property Preservation.

I have also been listening to BiggerPckets podcast and I've read all the Rich Dad Poor Dad books as well as Gary Kellers :)

@Gary AbnerIf the property was not in service being rented for the whole year, and you can show receipts to prove that you did work to it, then you can disregard the tax return and just use 75% of the current lease to offset the PITI payment.Any lender who tells you otherwise, run.If you need a referral to a rockstar that can help you in your state, shoot me a PM.