It's a great path, but it takes time and energy.

You just have to be careful because some sales agents will just advise you to over improve the property because it makes their job easier.

That's just wasting time and energy right now. 

This ensures you lock in better terms based on the improved cash flow.

This is due to bonus depreciation which allows taxpayers to deduct 40% of qualifying property costs in the first year, in addition to regular depreciation for new construction and improvement.

The permit process is efficient and can be completed in 4-6 weeks. 

That loan will cost you around $800/month for 30 years.I think this improves things, and your only loss would be the cost of the equity loan and the payments you've made so far on your IRA and credit cards. 

Tax-deferred strategies like 1031 exchanges and refinancing allow further tax-efficient wealth building.This post does not create a CPA-Client relationship.

With retirement in five years, your focus should be on balancing cash flow, risk, and tax efficiency.

Property management....it just make business sense as a leverage point for efficiency of your time.