Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

Any way to secure the property?

If managing a property feels overwhelming or if the security of being debt-free is more valuable to you, selling might be the better choice.Ultimately, the decision depends on your long-term financial goals, comfort with property management, and risk tolerance.

Think of all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.

There are many variables that affect the price of a roof replacement and I have seen a very wide range of prices.

This may slightly affect the types of financing options available, but if both applicants are well-qualified financially, you should still be able to secure competitive financing terms.

This allows you to generate passive income through rental payments.Financing Additional Properties: Use your equity to secure financing (like a home equity loan or line of credit) to purchase additional rental properties.

Lenders that have flexibility to originate in multiple states and have a wide range of programs available provide more value. 

Hi Jessenia,I've been in the game for quite some time and have many battle scars to prove it lolMy best advice would be to always look at a worst case scenario and start from that.By starting with a worst case scenario you will be able to quicker eliminate markets that aren't a good fit.I don't know much about NY but personally, I wouldn't invest in any market that takes 6 months or even worse longer to evict.Worst case scenario for example = Tenant doesn't pay rent and trashes the property.I would want to be able to evict, fix and re-tenant as quickly as possible.Time is money and I want to keep moving forward and not deal with financial and emotional drag.There are many markets nation wide that are landlord friendly.My business is based on Ohio and there is no mercy for non payment of rent.Eviction usually takes 6 weeks max and although I never want to evict, being able to do so quickly minimizes risk of that investment.Thanks 

I move everything to a garage, if I one is available and it is able to be secured.