Rentals also build equity through tenant payments and appreciation, with profits taxed at lower long-term capital gains rates when sold.

and 5 years is a long window for things to change in ways we don't expect (lower interest rates maybe??).

This works with any type of appreciating property such as real estate, stocks, etcDepending on the appreciation rate, you can potentially see asset values double every 7-14 years.Likely around 7 years if the appreciation rate is 8%Likely around 14 years if the appreciation rate is 4%If you buy something for $100,000 and it appreciates to $200,000, you can potentially take a loan on the $100,000 appreciation which would not be considered a taxable event.However, be mindful that you are paying interest on the loan and you have to payback the loan but yes, it would not add on to your taxable income.

I am a resident physician in dermatology, during  medical school I bought a property in Denver with an Interest rate of 2.75% (COVID rates lol) with the goals of renting it out when I moved onto the residency.

Some guys I work with were getting 90% advance rates in Houston, but I think the banks are back to 70-80% now.

What is the current interest rate on a private money loan approximately $300Kthanks 

But I did not like what I saw, anything under what Costar would rate 4 stars did not appeal to me. 

When you consider that I only work about 4 hours a week, that breaks down to an hourly rate of just over $1,500 per hour.

$1,500-$1,600 is about the going rate for a 2/2 in most average areas of BR, but I can see where some neighborhoods would get more.Another thing to think about - if the property is sitting vacant right now and you have ready and willing (and qualified) tenants, then the opportunity cost of waiting an extra month or two is $1,550/month.

I started off doing long distance BRRRRs until the rates went up.