With some changes to the management structure and leadership, I believe we can significantly increase the revenue potential while providing a positive impact.

But it has not always been this way, I have had my low-income rentals and I am in a very fortunate position today that I can take this approach.

That’s a great move—starting early with analyzing deals will put you in a strong position when you're ready to buy.Since you're open to other markets in the Southeast, I’d definitely recommend taking a look at Chattanooga.

That being said, rental rates are remaining fairly strong, and with such an equitable position in your property, your cash flow should remain a positive net to you. 

Breaking news: events in and out of our control will affect real estate both positively and negatively.

Throw on top of that, the fires had a devastating impact on the area around Grand Lake.

While creative financing options are interesting, having more cash on hand seems like it would put me in a much stronger position and open up better opportunities.That said, I’m still curious—at what point do you think someone is truly ‘ready’ to start investing in real estate?

The Long term, after some reserves, I'd like to bring down the assessment costs since I worry that this will negatively impact the property value. 

For example, when I was in the same position, I knew I wanted to buy a duplex, and my budget was around $250k.

I know what it’s like to be in your position, and I believe in paying it forward.