Might have to do a joint venture. 

Ignore this and best of luck in your venture!

I currently have a majority of my savings invested in the stock market but am looking to diversify into real estate and other ventures to achieve my financial goals.

Even if you break even, you will lose money every month it sits vacant, when you need repairs, property management, etc.

I'm currently building up capital for future ventures and properties that I find on market, as well as attempting to find the best brokerage where I can work under an individual who is already more established.

The opportunity cost of losing potential market gains in your retirement fund should also be considered.

What's the point of getting cash flow if you lose all your capital?

If I pay it off, I could maximize cash flow earlier, reducing financial stress and allowing me to focus on other ventures or simply enjoy life more.On the other hand, I know some people advocate for keeping cheap debt and using the extra cash to invest elsewhere for potentially higher returns.Why I’m leaning toward paying it off:Security: No debt = peace of mind.Financial freedom earlier: A fully paid-off rental would give me a significant monthly cash flow?

Thoughtful upgrades and efficient project management made this a successful venture, highlighting the strength of our partnership and commitment to delivering high-quality results.

- Land Contract would be better:)Question: how are you going to lose $2500/month if you rent?