It depends if you need or want the money out or want an asset that will bring in income, especially since you own it cash.

I enjoyed reading about your first year of investing—it’s clear how much you’ve learned.

At the same time, little to no relief exists for rental owners.

And if you do manage to get a property tax abatement or some relief from the assessor, that’d just be icing on the cake.Good luck, and let us know how it goes!

That ensures you don't spend it on other things and know exactly how much you have to spend on the next purchase.

I need some advice.

Thanks so much! 

Much better as a short term acquisition strategy for flips IMO but always a high-risk strategy that should not be practiced by anyone who doesn't have the liquid capital to pay off the loan if needed.

Thank you very much Kyle.the information you provide is very helpful

So this will need to be a longterm investment for you.