It's hard to harvest equity on these plays, unless you commit, long-term, towards very light leverage, as the only practical ways to benefit from the equity in your portfolio, if you plan to never sell it, only exchange it, for a lifetime, are to spend the cash flow, or cash out refi.

@Levi Perl There are definitely a lot of factors at play here, especially considering the time of year.

I just hope that there's a way to enforce compliance more strictly.As is, the playing field is uneven.

And a single or double play is awesome.

You don't want to play a plumber so that your guests can have water?

Not sure if you’re closer to Randolph, Lackland or Ft Sam Houston but this also plays into account on what rental amount you should look to achieve.

I'm playing around with a google doc to try to make it a public/or invite that we can post to.

@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.

Period.If he keeps playing games, I would a) walk away from the deal, and b) report him to the State RE Board.chrome-extension://efaidnbmnnnibpcajpcglclefindmkaj/https://www.ncleg.gov/EnactedLegislation/Statutes/PDF/BySect...

In a way it sounds easier to me than investing in my business, because I've struggled scaling my business with paid ads (which is the main investment I could make on it) and because with real estate as long as I don't try to play smart (by buying a foreclosure or a fixer or something inherently risky) and if I keep it long enough, then chances are that it would make money in the long run.. don't you think?