Screen tenants thoroughly, have a solid lease, and maintain an emergency fund for unexpected expenses.

The idea of ownership is changing with the emergence of web3.0 :)Just my 2 cents, not financial advice.

There is roughly $275k left on the mortgage and its value is est $430k.We have a brokerage account w $300k that considered as discretionary investments because we also have 401k contributions and emergency savings.Our options we're reviewing:1) Do nothing.

ANYTHING not pre-approved will not be reimbursed for (unless its an emergency and you cant be reached fast enough)....

Do you have written confirmation that the sisters / mother are a good emergency contact? 

I am a property manager and in an emergency I will go to the property and provide access.

Focus on analyzing properties and starting small, like house hacking or buying a single-family home to rent out rooms, while ensuring cash flow and maintaining an emergency fund.

Executive SummaryIn recent years, Germany has emerged as one of Europe's most stable and attractive real estate markets for international investors, particularly for American investors seeking secure, high-return opportunities.

Focus on areas with strong rental demand, like Broad Ripple, Fountain Square, or near universities like Butler and IUPUI.Maintenance Costs: Indiana weather can be tough on properties, so budget for seasonal maintenance like snow removal and HVAC servicing.Additional AdviceKeep an Emergency Fund: Unexpected repairs or vacancies can arise, so having 3-6 months of expenses saved will help you weather any surprises.Build a Reliable Team: I have lists of contractors, handymen, cleaners and property managers if you'd like me to send.Good luck with your property and future expansion!

In my leases I put clearly that if a tenant flags a request as emergency and it is determined to be their fault or not an emergency they are responsible for the cost.