I also look at it from the perspective of I now have extra cashflow to remove dangerous trees or do preventative maintenance to systems that have higher likely hood of causing damage.For the management I self manage for now so that fee just goes to me.

I understand it will take more than a message to penetrate the core of your being however i hope you can start to see this situation from a different perspective.

Markets with sub 8% cap rates, generally the cash you need to raise is going to be true equity and since the cash flow would be too tight from a DSCR perspective, you have to put down way more than 20%. 

How long must you wait before being able to rent out a primary residence property from a lending perspective?

Will the capital gains in this scenario be considered passive income from an IRS perspective ?

The perspectives on time commitments and the differences were really helpful.

Perhaps some more than others, but each one brings a unique perspective.

From a peer to peer (not an LP) perspective I think he's pretty darn awesome!

@Peter Mckernan This is a great well-rounded perspective, Real estate is one of those fields where no two deals or markets are exactly the same.

Originally posted by @Riley Gilson:Full disclosure, I haven't read through all of the comments as we seemed to be going in circles a bit.From a bank sales perspective, I would only recommend this if there was a dramatic difference in rate.