After five years you'll have earned $90,000 in rent income and gained $34,000 in appreciation.Buy four houses with $50,000 down on each.

Quote from @Gordon Middleton: Quote from @Earl Gaines: Quote from @Gordon Middleton: Hi Andria, I'm underwriting a boutique hotel deal in the Berkshires NY right now.

You will gain experience with each project so don't let set backs discourage you but always try and learn from any mistakes.

Starting with an owner-occupied duplex is a smart way to build equity and gain experience.

If I can park the 388k ($415-27k) for one year at CD rate of 4.5% and then est 300k (after paying cap gain/depr recap) at 3.0% (assume CD rates lower) that interest income of about 24 months net of ordinary income tax is about the same as my current mortgage.Trying to play devil's advocate and think why selling this year does not make sense. 

Finally, start small, analyze deals, and build a team to guide you as you gain experience.

My head is spinning on how to make this run as smoothly and efficiently to help maximize gains and bare minimum, break even after expenses.

passive pockets

Last but not least....A few members in replies have already mentioned why it makes sense to hold…….I very much appreciate ALL FEEDBACK, however I think it will be helpful to provide some added context as to why I am absolutely certain (and my CPA’s are convinced as well) on my decision to liquidate the entire portfolio and onceAs I educate clients on daily, income tax brackets as well as long term capital gain tax brackets in our country are more favorable right now than they've been at any point in the past 80 years.

I’m especially interested in residential rentals, STR's, or multifamily properties, but I’m open to exploring other areas as well.I’m here to connect with like-minded individuals, gain insights from experienced investors, and contribute however I can to this community.