There is also a short and clear path to owning a rental property free and clear.

Feel free to reach out if you have any questions.

Can you be financially free, sure, consider if you are buying real estate you will no longer have stable income to get a loan.

Please feel free reach out. 

However, the current market environment with relatively very high interest rates (7.37x increase of the 10-year treasury in 40 months from 2020-2024), and the slow recovery coming out of the Pandemic for the city make this a great opportunity to do just that, with many positive market factors on the horizon.In my opinion, right now is a great time to purchase a value add multifamily asset at an attractive basis, refinance in the coming years as we are now moving into a falling rate environment, receiving your tax-free refinance proceeds from the forced appreciation coming from renovations, the spike in market rent growth, lower vacancy, and compressing cap rates during the stabilization period, The macro factors for the DC Metro and for multifamily overall should contribute to a multifamily asset in the area being a safe and lucrative long-term investment as well.Other Notable Developments in the D.C.

If there aren't any massive physical problems with the property, it appears you can grow income and equity.You might be able to buy this with little cash out of pocket if the seller owns it free and clear and was willing to finance nearly all of it.  

Best of luck and feel free to reach out if you have any questions!

The fact that you have a TAX-FREE income is crazy good.  

**Regular Visits:** Plan periodic visits to your properties to ensure everything is running smoothly and to address any major issues.If you have any specific concerns or need further assistance, feel free to reach out.

Start with BiggerPockets Ultimate Beginners Guide (free).