I recommend talking with an experienced broker who can help you shop multiple lenders  

While I've made several investments independently, what sets SDIRA Wealth apart for me is their competitive pricing, focus on new construction, and access to markets with better performance compared to my local area in New York.

We have had voucher tenants in two separate markets and have found them to be our top performers overall.

@Nicholas Dillon If you sell a property and perform a 1031 exchange but do not reinvest all the proceeds, the leftover portion (called "boot") is subject to taxation.

Hi Shruti,That sounds like my type of REI investing, feel free to add me to your Network would love to talk shop some time or help in any way.

I invite you to perform the exercise and find what your cap ex allocation should be.certainly $50/month for maintenance/cap ex and misc is not enough and this property is definitely cash negative when properly allocating for expenses.  

Quit expecting the tenant to 'perform' for you. 

The S&P 500 has that inflation adjusted "average" of 8% annual return, compounded WHEN drip back all dividends, and IF it performs as it has previous 30 years. 

I've noticed properties that are 2 bedrooms or less tend to perform better on this platform. 

What the local shop has, is what you get, unless you want to travel farther to see what else others have.