When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.

It would seem having a set of plans would be very important for many reasons, like emergency plumbing or electrical, etc."

If there’s a repair needed usually they’ll just handle it if it’s under a certain financial threshold o ran emergency.

Are there new trends in commission splitting resulting from the NAR lawsuit starting to emerge?

You’d get the ease of a turnkey investment with the upside of an emerging market.

I'm coming from the perspective of having boots on the ground in the area who have connections in case an emergency arises.

If neighboring residents are reporting the noise violations to the non-emergency line, be sure to ask them to notify your PMgr each time in order for the office to document the complaints.

When this happens it moves to auxilary heat or emergency heat .

The overtime is not a consideration when there are emergency situation.

I as the owner manage all my properties, but I no longer have my father in law as my emergency contact.