@Tom HallAt 7% if you can I would pay it down as investing it net after tax gains may not get you the 7% you are paying - so it’s less riskDownside is you lose liquidity of that money as it’s tied in your propertyIf rates come down in future you can refinance and even take some of the cash out.Regarding your question are rates coming down, a lot of factors come into play but right now it does not appear there will be significant changes to rates over next 3-6 months.

It's arguably the #1 most important factor to a listing, be it for leasing or selling.

So trust is a huge factor here.

You are correct; I made an assumption that we wouldn't be able to sell through a realtor based on the factors against us.

@Gustavo Delgado Tax Saving is one of the factors people consider while investing in RE.

We do not factor in capital gains tax in our final net profit projection Hope that helps!  

A strong “Core 4” can make managing your investment remotely much smoother and prevent a lot of headaches.Also, as you narrow down cities, pay close attention to factors like job growth, population trends, landlord-tenant laws, and short-term rental regulations.Happy to connect with you, and good luck as you jump in!

Based on the quality of this particular home, my rent estimate may be low.Note: you have to consider other factors.

I may be 19 but that does not have any factor in how I efficiently operate my business, as you can see.

I also have rentals in Detroit that I get far higher rents with cash paying tenants than I would a section 8 tenant.There are a lot of factors at play and the answer to "why would the government allow our tax dollars to be spent this way?"