I currently work with investors looking to build their portfolio with single-family, long-term rentals while managing for them on the back end, making is hands-free for the investor to still work their W-2 job and live their everyday lives and spend it with family, hobbies, etc. 

- The property is probably NOT as profitable as you think it is.More reality for you - how are you going to cashflow enough from leveraged rentals to replace your current income?

Next week we will close on some property (with an old house in need of fixing or tear down tbd) in Buncombe Co currently with unrestricted zoning.

Find a partner, find co-workers/friends/relatives you wouldn’t mind living with, find a property you can buy for less than your current rent.

Additionally, we have equity of approximately $145,000.Now, we are faced with a dilemma: should we sell our current property and purchase in a more favorable neighborhood, or should we rent the house and let it pay for itself.We would greatly appreciate any advice you may have.

My husband and I currently have a property in Annapolis, Maryland that was once our home and now turned rental property after we moved.

There are two, one bedroom apartments on the second floor and first floor is currently being used as a convenience store.

@Ricky RigsbeeWe use Michael's analyzer currently (along with other tools) and find it very useful.

And of course, if your actual cash value is less than the current mortgage(s) on the property, all of the cash value payment will go to the lenders. 

I currently live in Tennessee and I have a possible opportunity to in move to the state of New York for a two-year work-related contract come the summertime.