We’re debating whether we should sell our rental property to pay off all our debts.

Hi Ella, welcome aboard,Your post about your real estate ambitions, encompassing the purchase, renovation, and sale of properties, as well as the ownership of Airbnb rentals, is indeed an exciting endeavor.

This, in turn, allows for higher rental rates or quicker sales, directly impacting the ROI.I could remember when an investor purchased an old, three-story commercial building at  a bustling downtown area.

This status is useful if you have long term rentals.

Neighborhoods near major employers like the AFB often provide reliable rental demand, which is a great foundation for a long-term hold strategy. 

Obviously I want to keep my costs low but still want to spring for amenities that would give me a competitive edge compared to other rentals.

There are no municipal-level rental restrictions. 

Higher DemandThe rental market is shifting.

Chicago, with its vibrant neighborhoods and strong rental market, is a prime location for this strategy.

Quote from @Benjamin Sanders: Hi all,My wife and I made a last-minute offer on a rental property in New Albany that is in a flood plain.