@Alex Del Rio welcome and congrats on Real Estate Professional Status (REPS) this brings with it a lot of tax benefits that you didn't have access to before.

HiThanks in advance to all who read this post and particularly to anyone who posts a reply.There are issues regarding a termite infestation at a community where I own a townhouse.

You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.

After all, the interest rate (high or low) is just a number on a spreadsheet.Please help me understand the perils of this view. 

For example, bank accounts we control and specific investor capital accounts are all tracked in this same software.For our investor reports, each month we download spreadsheets, write a narrative for the month's performance and then export it all to a PDF.

I have found a couple masterminds that are tempting and I think would help me learn quickly but they are anywhere from 7-15k and the general sentiment I've found is to avoid these if possible.

You’ve got this!

FULL STOP  Your ability to make such a profit will depend on your ability to manage the asset better than the prior owner.As a seller, the broker should be helping you determine the price point, at that time, that attracts enough buyers to achieve an optimal sales price.

What made you interested in investing in this type of deal?

I don’t want to underutilize the equity on this property so I feel like taking out 100 grand on our Primary where the rates suck already and it will only cost me an extra 600 or 700 bucks a month.