Hi Bigger Pockets Community!
I’m a new investor based in Kingston, NY, with a focus on the Hudson Valley and Catskills regions. I’m currently diving into the world of rental property investing and exploring opportuni...

Hey Ryan, I've been down this road before, I feel your pain!

You 3-year stepdown will be a little painful, but, it could be worth it if the funds are needed.

Welcome to BP - this is a great platform to initiate your real estate journey.Dive into comprehensive guides, connect with experienced professionals, and explore a wealth of opportunities that can help you achieve your real estate goals. 

Then you are in control of that money.Dealing with an insurance came is never easy, and sometimes it can be downright a pain.  

@Brian Rocha I'm a real estate investor who's done fix and flips and BRRRR.

Hey Colin, it’s fantastic to see someone your age diving right into the real estate world.. reminds me of when a buddy of mine bought his first duplex in Omaha.

Probably not, but I'd see what my CPA and attorneys have to say.Be a pain having tenants pay you twice too.Also, passive income is already treated pretty favorably after deductions such as depreciation.

@Helena Goyvaerts I run the Michigan Real Estate Investors group and we have over 1200 members. 

Hey Najeh - Sorry to hear you’re dealing with this—appraisal discrepancies can be a pain.