The problem is there is no income assumption you're making each month and how much of your money you're saving towards paying down your loan (inside your offset account with AIO CMG loan) since the disposable funds after your living expenses are transferred over to reduce principal balance each night at 12:00AM.

I am a big fan of getting rid of consumer debt as it puts a constraint on your income and savings.

You might have to give up some income from the rentals but it gets you ownership of the park and time to fund long term financing.  

You may be required to make estimated tax payments when the property sells.It depends on what your 2024 total taxes due were and 2025 estimated total taxes / withholding / estimated payments are.If you pay in atleast 90% of the current year tax or 100% / 110%(Depending on 2024 income), you are normally considered good.You may want to consult with an accountant for more clarification.

We are not focused on the passive income at this time as both working W2.Questions:1.

@Tony Schmucker Now that you know all of those markets work from a Macro perspective you should look to see where you want to live for 2-3 years and what your and your wife's income will be in those markets.

Top producing real estate agents in many market make over a million a year with a whole heck of a lot of them making 200 to 500k.. the other 60 % of agents will not make much but it could be a secondary job and they are not the primary income producer in the family.. 

I'm a local youth pastor in MN and I'm looking into getting started in real estate so that I can provide extra income for my growing family.

Also, for DSCR, they do not use the actual rental income on tenant-occupied houses.

Right now, my focus is on leveraging my degree and skills to land a higher-paying job, increase my annual income, and ultimately grow my net worth.Real estate has always been something I’ve been interested in, and my long-term goal is to start investing in both real estate and retirement to build financial security.