Hope that the market move in your favor buddy. 

I would favor this route depending on how much cash it brings in.

This is very favorable for putting cash aside that qualifies for the permanent exclusion and will be used to substantially improve property a year or two down the line. 9.

More like 25-35%.It is my understading that people here favor either leveraging to the max or paying 100% cash altogether.

I don't doubt that approach will make sense as I grow some equity, but for now I'd certainly favor a more hands-on approach.Truly, thanks again to all who took some time to respond, welcome me aboard, and leave some advice.

Some family members may feel favored or neglected.I already see a huge issue with what is stated in your post - the ranging value of the real estate.

Instalation should be a favorable option In a climate like Connecticut ( Northeast) poorly insulated older units will cost your tenants a " fortune " to heat with Electric!

Strategic use of cash advance can allow you to access funds quickly and may be a good short term tool till more favorable long term financing can be found or exit planned is executed.

Ricardo,I'm always in favor of a larger master bath, but I would be hesitant if you are leaving the door for guests. 

In a business where cash is king, it seems like it could play out in my favor.