If your investment fails, it may impact your primary residence because of the money you borrowed against it.My preference is that you increase earnings, reduce expenses, save up, and make each investment stand on its own.

I do have some saving and assets I could liquidate, but I prefer that as a last resort.

Note:The buyer is 94...I think we'd probably prefer they seller finance more of it to help with tax burden? 

Boom.I take this tact on many high priced or specialty or design items, like countertops, light fixtures, appliances, large glass or window replacements, mechanical anything, etc….Contractors have their preferred suppliers who they know and are reliable, but are not always the best deal.

I am currently in the mix on picking up 2 apartment buildings and a duplex in Minot ND. as well as starting to buy fixer uppers and remodeling them. i would love to connect with Minot investors and talk about property managers and who is preferred in the area. 

if you are able to, would go the whole house rental. it would likely lead to more revenue as most guests would prefer privacy the entire stay. 

My preferred money market is currently at virtually that same percentage as the cash flow.  

You can then have them re-apply to screen them through whatever your preferred method, which we do as well but we cover that 2nd application fee. 

I prefer to avoid kludgy systems that weren't designed for regular, high-dollar transactions like rent payments (Venmo, Paypal, Zelle, etc.).

Preferably one that’s free or not too expensive.Thanks,Robert