Disclaimer: I did ask this to the lawyer who formed my LLC but he has been slow to reply so I thought to ask this group.

To be honest the rental market right now is super slow.

For the 10 year period spanning October 2014-2024, single-family prices in Austin nearly doubled, yielding an annualized appreciation rate of ~9% in that period.With inflation nearing its 2% target and signs of a slowing labor market, The Federal Reserve recently made its second cut to the federal funds rate since the start of the COVID pandemic.

--> Investors could withdraw at any point, but at 20 years for sure would be able to withdraw about $10-$14K/month and still have a HUGE return on the initial and continued investment, and moving forward continue to get into new deals after new deals. 

My second unit is having a slow start but I am hopeful.

Quote from @Albert Johnson: I recommend you slow down and think this through.What is your goal?

The NationsWhy It's Hot: This area has undergone rapid gentrification over the past decade, and the trend isn’t slowing.

Slow is smooth, smooth is fast.1.

In the last year for Knox county specifically the median sale price is up 9.92% and the whole MLS is up 7.14% year over year.After beginning to recover in July and August, home sales throughout the East Tennessee region slowed up again in September which is somewhat expected as schools get back into swing.Mortgage rates remained below 7% for the entirety of September, for the fourth month in a row.

Maybe it might be different in your market, but at least here in CA, no real estate agent is going to refer  a client slow poke big bank unless it’s specialized bank offering a specific program that caters to the needs to the borrower.