Back then we were getting 1% positive carry e.g.

You and your wife are considering a move to be closer to her parents in Scottsdale.The largest source of liquidity for you is the equity in your home at 1M and you have a 4% mortgage and it will cashflow positive if you rent your home in Seattle.Your question is should your sell your house in Seattle or rent it. 

At best you’ll be able to buy, through “creative” finance break even cash flow situations, which at best may begin modest positive cash flow in 3 or more years. 

I would, If in this position, take the equity in the form of a HELOC and purchase a cash flowing asset that would not only pay for itself but pay for the cost of the money while putting cash into my bank account each month. 

Only the first can be corrected, but us making a mistake and getting anything less than 5 star review is stricly unacceptable in my eyes and my team also has a strong sense of ownership in their position and loyalty to my company.   

They don't tear things up, they don't party, rent is generally paid early, lots of positive attributes!!

I wish someone had told me about this when I bought my first place.I run a Property Management company and would only recommend a property mgr if you are cash positive or physically cannot tend to the property.  

Lease Terms: Determine a monthly rent payment that covers the HELOC repayment (interest and principal) while providing some positive cash flow for you.                    

@Pranav PatelStarting your real estate journey with $50K saved and a strong income ahead is a fantastic position to be in.

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