Do you want to scale and buy more or pay off and be free and clear?

I'm on the fence about this one...The REO property I'm interested in is in a subdivision that the ground water is partially contaminated by THC from a manufacturing plant.

I am the manufacturer of an impact Windows&Doors company and can help you with the building of your project

If you really want to scale, you would be better off working hard and paying off the debts you've accumulated.

This is at the scale that most people have never seen in their lifetimes.

Note, EIDL loans are only available to businesses without access to credit elsewhere, such as existing lines of credit.Eligible industries include, but are not limited to, hotels, recreational facilities, manufacturers, sports vendors, owners of rental property, restaurants, retailers, travel agencies and wholesalers.

While this agreement was focused first on Canada, the US, and Mexico, so many trade agreements have realized that "Giant Sucking Sound" Ross Perot warned us about.Not that I am working for a political discussion, but facts are, because of our vast trade agreements, we no longer manufacture or grow so much that once made the US the most productive economy in the world.

Property management is a business to build that needs a large scale properties in order to brek even, and after that, start collecting the revenue.In your case, seems you are almost in break even point:  lets see:1) you have now a hand man that will cover the repair cost in many of the units2) you have a group that could collect application fees3) the same group would potentially reduce brokerage cost (depending on the state of the properties) advertising themselves4) You can expand this business and make it profitable...  

Cash is totally king right now and I personally am not willing to spend cash on a building that will potentially sit dormant for a significant period of time when I might need the cash for my manufacturing business.

Extremely important for scaling your investing.With your license are you using it more to acquire properties for yourself or also act as an agent for others?