If you’re interested in discussing this further, please feel free to message me.

Maintenance and potential repairs will also require a long-term financial plan and setting aside a contingency fund for such expenses.The steady cash flow, appreciation over time, and tax benefits can make a meaningful difference to your wealth in the long term, especially with the principal paydown on the mortgage.However, if managing the property from a distance feels too burdensome, or if you’d prefer the certainty and flexibility that comes with having less debt (especially given the high mortgage rates), selling and using the $100,000 in equity to reduce your loan for your next home may be the smarter move.

If you have ever learned something important by trial and error, then you can probably understand the frustration that you feel when you make a "rookie mistake" or a simple error that creates a big negative result.

I learned a lot, feel more confident and am pleased with the outcome. 

If you need any help running the numbers, feel free to reach out to me. 

Building and maintaining those connections feels like a crucial part of the process.

I feel awful for you man.

Look at what other complexes are charging and you should get a good feel of where to start off

As the title says, I have mixed feelings about this project.

Also I feel buy and holds are harder to structure partnerships as its not that much money when split in between two people.